In the ever-evolving landscape of digital media and entrepreneurship, Morgan DeBaun has emerged as a force to be reckoned with. As the founder and CEO of Blavity Inc., she is not only revolutionizing how Black millennials engage with media but also creating spaces that foster economic empowerment and authentic representation. With her innovative leadership and commitment to cultural advancement, Morgan DeBaun exemplifies the spirit of a Millionaire on the Rise—a visionary destined to leave an indelible mark on the world.
Early Life and Education
Morgan DeBaun was born and raised in St. Louis, Missouri, a city that shaped her entrepreneurial mindset. From a young age, she displayed a knack for business, selling snacks to her peers and learning about investment from her father by age 14. Her parents prioritized education and ensured she was surrounded by positive Black role models, enrolling her in a magnet school to expose her to peers who looked like her.
DeBaun later attended Washington University in St. Louis, where she majored in Political Science. It was during these formative years that she coined the term “Blavity,” short for “Black Gravity,” to describe the natural coming together of Black students to share culture and experiences. This insight would later inspire her to create Blavity Inc. as a platform for Black millennials to connect, share stories, and amplify their voices.
The Birth of Blavity Inc.
In 2014, DeBaun co-founded Blavity Inc., a digital media company designed to serve Black millennials. Named after the phenomenon of “Black Gravity,” the platform sought to fill a glaring gap in media representation. Initially a curated video newsletter, Blavity quickly evolved into a multifaceted digital ecosystem, encompassing platforms like:
Blavity News: Covering culture, lifestyle, and current events for Black audiences.
AfroTech: One of the largest conferences for Black tech innovators and entrepreneurs.
Travel Noire: Highlighting travel experiences and resources for Black globetrotters.
21Ninety: A lifestyle brand dedicated to empowering Black women.
DeBaun’s decision to focus on Black millennial culture was deeply personal. Witnessing the media’s inadequate coverage of events like the death of Michael Brown in Ferguson, Missouri, motivated her to leave her corporate job at Intuit and dedicate herself to Blavity full-time. Her vision was to create a space where Black stories and perspectives were not only shared but celebrated.
Achievements and Milestones
Under Morgan DeBaun’s leadership, Blavity Inc. has achieved remarkable success:
AfroTech’s Expansion: AfroTech has grown into one of the largest tech conferences for Black professionals, attracting over 20,000 attendees annually.
Venture Capital Success: Blavity Inc. has raised over $12 million in venture funding, making DeBaun one of the few Black women entrepreneurs to surpass this milestone.
Brand Partnerships: DeBaun has collaborated with major brands such as Google, Target, and Amazon to drive culturally relevant campaigns and initiatives.
Industry Recognition: She has been featured in Forbes’ 30 Under 30 list and recognized as a trailblazer in digital media.
Obstacles and Lessons Learned
Morgan DeBaun’s journey has been marked by perseverance in the face of systemic challenges. As a Black woman in the predominantly white and male-dominated fields of tech and venture capital, she encountered biases and barriers. Yet, DeBaun has always embraced adversity as an opportunity to grow.
In her own words:
“Execution and failure are part of the process. You have to accept that. Success is about staying committed to your vision while being willing to adapt.” This mindset has allowed her to navigate the complexities of entrepreneurship with resilience and innovation.
Impact and Vision
Beyond her business achievements, DeBaun is a fierce advocate for diversity and inclusion. She launched Blavity.org, a nonprofit initiative that supports Black economic advancement through grants, mentorship, and entrepreneurial programs. Her WorkSmart Program provides practical advice to startups, helping them navigate the challenges of scaling a business. Looking ahead, DeBaun envisions expanding Blavity Inc. into a global media powerhouse while continuing to empower the next generation of entrepreneurs. Her dedication to fostering economic equity and cultural representation positions her as a thought leader and a beacon of inspiration.
What Makes Morgan DeBaun a Millionaire on the Rise?
Morgan DeBaun’s meteoric rise in the world of digital media is a testament to her vision, grit, and passion for community building. While she has already achieved remarkable milestones, her journey is far from over. DeBaun embodies the qualities of a Millionaire on the Rise—innovative, determined, and deeply committed to uplifting her community. If her trajectory continues, she is poised to join the ranks of cultural legends who have redefined the narrative for Black professionals and entrepreneurs.
Conclusion
Morgan DeBaun’s story is one of innovation, resilience, and purpose. Through Blavity Inc., she has created a platform that not only entertains but empowers, inspiring countless individuals to dream bigger and aim higher. As a Millionaire on the Rise, DeBaun is building more than a company—she is building a legacy that will resonate for generations to come.
Sources for Further Reading
1. Blavity Inc. Official Website
2. Morgan DeBaun’s Profile on Forbes
3. AfroTech Conference Highlights
4. Morgan DeBaun on Failure and Resilience
5. Interview with Morgan DeBaun
6. Morgan DeBaun’s Leadership Journey
This article celebrates Morgan DeBaun’s contributions to digital media and entrepreneurship while underscoring her potential to become a cultural icon.