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Blavity is an American Internet media company and website based in
Los Angeles Los Angeles ( ; es, Los Ángeles, link=no , ), often referred to by its initials L.A., is the largest city in the state of California and the second most populous city in the United States after New York City, as well as one of the world' ...
, created by and for black
millennials Millennials, also known as Generation Y or Gen Y, are the Western demographic cohort following Generation X and preceding Generation Z. Researchers and popular media use the early 1980s as starting birth years and the mid-1990s to early 2000 ...
. Their mission is to "economically and creatively support Black millennials across the African scape, so they can pursue the work they love, and change the world in the process."


Founding

Blavity was founded by Morgan DeBaun (CEO) and co-founded by Jonathan Jackson, Jeff Nelson and Aaron Samuels in 2014; DeBaun had worked at
Intuit Intuit Inc. is an American business software company that specializes in financial software. The company is headquartered in Mountain View, California, and the CEO is Sasan Goodarzi. Intuit's products include the tax preparation application Tu ...
for three years prior but left to found the new company. Blavity's name is a combination of the words "black" and "gravity", inspired by DeBaun's experience as an undergraduate at
Washington University Washington University in St. Louis (WashU or WUSTL) is a private research university with its main campus in St. Louis County, and Clayton, Missouri. Founded in 1853, the university is named after George Washington. Washington University is r ...
; she was struck that eating lunch with a few friends at their regular table in the college cafeteria over time attracted more and more black students to their discussions of everything from politics to pop culture, a kind of intellectual "black gravity".


Content, visitors and growth

In ''Essence'', Lihle Z. Mtshali described the site as focused "on sub-cultures, community, and local happenings in different cities rather than covering celebrities and mainstream black culture." The site contains approximately 40%
user-generated content User-generated content (UGC), alternatively known as user-created content (UCC), is any form of content, such as images, videos, text, testimonials, and audio, that has been posted by users on online platforms such as social media, discussion f ...
. In September 2016, Blavity reached millions of unique visitors per month. That month, the company closed a one million dollar round of
seed funding Seed money, sometimes known as seed funding or seed capital, is a form of securities offering in which an investor invests capital in a startup company in exchange for an equity stake or convertible note stake in the company. The term ''seed'' su ...
. Investor and mentor was Monique Woodard, a famous African-American businesswoman. In 2016, Blavity launched two conferences: ''EmpowerHer'', a conference in
New York City New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the L ...
for black women, and ''Afrotech'', a
San Francisco San Francisco (; Spanish language, Spanish for "Francis of Assisi, Saint Francis"), officially the City and County of San Francisco, is the commercial, financial, and cultural center of Northern California. The city proper is the List of Ca ...
summit for black people in technology. In 2017, Blavity launched a black women's lifestyle platform, 21Ninety, and acquired two other properties, the black entertainment website Shadow and Act and the black travel website Travel Noire. In July 2018, Blavity raised $6.5 million in new funding through GV,
Comcast Ventures Comcast Ventures was a corporate venture capital firm headquartered in San Francisco, California. History In early 2011, Comcast and NBCUniversal combined their two venture arms, Comcast Interactive Capital founded in 1999 and the Peacock Fund, ...
, Plexo Capital, and
Baron Davis Baron Walter Louis Davis (born April 13, 1979) is an American former professional basketball player who is a studio analyst for the ''NBA on TNT''. He was a two-time NBA All-Star, made the All-NBA Third Team in 2004, and twice led the NBA in s ...
Enterprises. The funds are intended to increase the size of the company's engineering group, which works on new content, and establish a new office in Atlanta. In January 2023, Blavity launched Home and Texture. The new media brand is dedicated to serving multicultural audiences buying homes, designing their spaces and starting families.


Recognition

In 2016, two of the Blavity founders, DeBaun and Samuels, were named to the
Forbes 30 Under 30 ''Forbes'' 30 Under 30 is a set of lists of people under 30 years old issued annually by ''Forbes'' magazine and some of its regional editions. The American lists recognize 600 business and industry figures, with 30 selected in twenty industries ...
list of "young people transforming the future of America". DeBaun is a recipient of ADCOLOR’s Innovative Award, America’s Top 50 Women in Tech lists, and was named as one of the 100 Most Influential African Americans by The Root.


References


Further reading

2019, Sluis, Sarah https://www.adexchanger.com/the-sell-sider/diverse-and-diversified-blavity-ceo-on-building-a-media-company-for-black-millennials/ AdExchanger 2021,https://www.cnn.com/2021/06/11/perspectives/black-wall-street-entrepreneurs-business-leaders/index.html CNN 2022, Ambachew, Meseret , url-https://www.adweek.com/programmatic/how-this-ssp-helped-blavity-and-black-enterprise-grow-ad-revenue/?utm_content=buffer0c439&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer. Adweek 2022, Guaglione, Sara , https://digiday.com/media/tastemade-teams-up-with-blavity-to-create-video-vertical-centered-on-black-food-culture/?utm_campaign=digidaydis&utm_source=twitter&utm_medium=social&utm_content=82622. Digiday


External links

*{{official African-American mass media Internet properties established in 2014