Investing in Stealth Mode
Richard Kerby is a rarity in Silicon Valley: a black venture capitalist. He’s been the sole African-American investor at both VC firms he’s worked at: Venrock, where he’s a vice president, and Institutional Venture Partners, where he was an associate. Kerby, wrote an article on TechCrunch in March looking at the number of black investors at 200 VC firms. He found that they made up only 1.5%. Kerby also co-founded Stealth Mode, the community he and fellow black investor Charles Hudson started to unite African Americans in tech. In this talk Richard elucidates on what he looks for in startups, his career as an investor, and the pitfalls startups can avoid.