BLCK VC
Mike Asem's work experience includes being a Founding Partner at M25, a venture capital investment firm targeting early-stage, tech-enabled startups in the Midwest. Mike has also served as a Board Member and Midwest Lead at BLCK VC, a Board Member at Civic Eagle and Elate, and as a Board Member at ScriptDrop. Mike is also a Fellow of Class 24 at Kauffman Fellows and an Advisor at Socio Labs. Additionally, they have served as a Board Member at PicDiversity, Inc., a nonprofit that provides teachers with diverse photos for their classrooms. Prior to these positions, Mike was the Director of Collaborative Relationships at Purdue Research Foundation, where they cultivated connections with alumni and friends of Purdue for the success of startup companies. Mike has also worked as a Student Fellow at Chicago Ventures.
Mike Asem holds a Bachelor's Degree in Public Relations & Rhetorical Advocacy from Purdue University. There is no information available regarding the specific years of their education.
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BLCK VC
BLCK VC is transforming the venture capital industry to mirror the diverse demographics of the U.S. Venture Capital is a crucial component of achieving economic equality; it is a vehicle to build wealth, develop future leaders, and strengthen communities. [WE'RE HIRING!] BLCK VC is a 501(c)(3) nonprofit organization that equips Black investors with the access, education, and community they need to accelerate their careers in venture capital. We do not accept the status quo; we are driving the industry forward by pushing venture capital firms to become more inclusive in their hiring, deal flow, and portfolios. Venture firms in the United States invest over $130 billion annually, however, Black investors have systematically been excluded from mobilizing this capital. Today, only 3% of venture capital investors are Black; additionally, only 2% of partners–individuals that make investment decisions–at venture firms are Black. Over the past few years, there has been slow and sporadic progress within venture capital to become more inclusive. BLCK VC aims to transform venture capital into an inclusive engine for change and generational wealth creation by shifting the demographics of the venture industry to mirror the diversity of this nation. In the short term, we strive to double the percentage of Black investors and Black partners in venture capital to 6% and 4%, respectively, by 2024.