Tag Archives: hbcu money

HBCU Money™ Turns 6 Years Old


By William A. Foster, IV

“When everything seems to be going against you, remember that the airplane takes off against the wind, not with it.” – Henry Ford

The path to success has never been a straight line. That is true in anything we hope to accomplish in life. For HBCU Money, growing out of our infancy into a mature company has been a painstaking process to say the least. As we turn 6 years old, there are a lot of questions that are at the forefront of this journey that we are in the process of answering.

It is my belief that for the first time since we started, we maybe gifted the resources needed to truly grow and mature as a media asset to the HBCU community and to the financial journalism community. I purposely quieted our ranks last year as we published very little. This year may prove to be more of the same as ensure a clarity of the path in which we will move forward, but we will be heard from. It iss a chance to settle the spirit of our offices and take a step back and truly understand what needs to be done going forward to get us to where we truly want to be with this medium.

I am steadfast in the future of HBCU Money being an important voice in how our institutions and their stories are told. Thank you to all who continue to support that mission.

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HBCU Money™ Turns 5 Years Old


By William A. Foster, IV

In essence, I see the value of journalism as resting in a twofold mission: informing the public of accurate and vital information, and its unique ability to provide a truly adversarial check on those in power. – Glenn Greenwald

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Another year in the books. After a rough 2016, as it was for most of the world, HBCU Money saw its share of ups and downs and is glad to have made it to the other side. It is not enough anymore to just survive anymore, it is time for us to start striving, building, and succeeding. How we get to our destination though can often be as important as where we are going.

It is my belief and desire that HBCU Money be part of a new era in media. A new era that returns to its fundamental roots of journalism, where the desire to be first must take a backseat to being of integrity in the information we disseminate to the public. From those in media who are upstart blogs to global media companies, we all have a duty to be more than just a headline or to take a person’s words and twist them to fit our own agendas. People need a safe place to consume information, to consume different points of view, and that should be part of our duty as purveyors of information. HBCU Money will continue to be part of the landscape of integrity giving credit where it is due and presenting information that helps evolve our place in the world. There are hard questions that need to be asked, questions we may not even realize need to be asked, and much in between.

As the Founder and Editor-In-Chief of HBCU Money, it is my hope to one day to turn over the reins to someone who will take this company even further than I can dream. In the meantime, I will continue to ensure we set the proper foundation that permeates constitutional values so that everyone who comes to work here or reads our pages will feel connected and intellectually respected in everything we do. Thank you all for your support these past five years and we continue to look forward to your support going forward.

HBCU Money™ Turns 4 Years Old


By William A. Foster, IV

As you enter positions of trust and power, dream a little before you think. – Toni Morrison

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Going into our fourth year broods us with a certain calm. HBCU Money™ continues to be a labor of love and passion. The past twelve months while not seeing the growth we expected were still progressive towards our ultimate goal of being a full service financial journalism company. Last year, we brought HBCU Politics™, a political journalism site, into our fold completely with plans to add more sites in the coming years. We believed then and we believe now that there can never be too many quality voices speaking to the eclectic interest of HBCUers around the world. Entrepreneurship is about patience and perseverance. Something we here at HM continue to exude in spades despite setbacks along the way. The HBCUpreneur Corner™ continues to highlight the growing presence of entrepreneurs coming from HBCU ranks who are no longer content at getting jobs, but creating them. Our interview last year with HBCU endowment star, The University of Virgin Islands’ executive director Dr. Haldane Davies, was another shining moment for us giving voice to HBCUs who are lesser known by the mainstream as they forge ahead building a stronger foundation for generations to come. These stories and more are the ones we will continue to tell along with the pertinent economic, financial, and investment information that is vital to our community and its growth.

It is a continued honor to serve as Editor-In-Chief of HBCU Money™ and look forward continuing to do so. There is no time to rest. Enjoy the moment. Now, let us get back to work because as our motto states “Our Money Matters”.

HBCU Money™ Turns 3 Years Old


By William A. Foster, IV

The biggest adventure you can take is to live the life of your dreams. – Oprah Winfrey

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What can we say? We are still here and growing stronger every year. Our reach is growing further and deeper every year. In our third year, you cemented that the information HBCU Money™ delivers to you on a daily basis is what you want and need. HBCU Money™ continues to fill a void for substantive economic, finance, and investment journalism from a point of view that is absent in the media landscape. Our spectacular growth has been highlighted by continuing to bring our audience information they have been seeking but unable to find, and information they did not know they needed but are ecstatic to have placed in their mental clutch. Far and away, the publication series I am most proud of that we have developed is The HBCUpreneur Corner that highlights entrepreneurship in the HBCU community. It gives recognition to the fascinating businesses being blossomed and grown within our community and the thought processes behind the founders running these companies.  The long-term vision of HBCU Money™ continues to be our desire to enter the multimedia space on all levels and we know you will be along for the ride as we expand our footprint. I want to thank everyone for their support, feedback, and suggestions in ways that we can improve the product and service that HBCU Money™ brings to the world. Check out some of the amazing highlights from our thunderous third year in business. 

  • The Louvre Museum has 8.5 million visitors per year. If HBCU Money™ were an exhibit at the Louvre Museum, it would take about 4 days for that many people to see it.
  • The busiest day of the year was November 29th. For the second year in a row our most popular article was HBCU Money’s 2013 African American Owned Bank Directory. We hope everyone will be sure to check out the 2014 edition and the coming 2015 edition in March.
  • In our second year, there were visitors from 122 countries to visit HBCU Money™, which reached 63 percent of the world. In our third year, we reached visitors from 159 countries, which means we reached approximately 83 percent of the world!

It is a continued honor to serve as Editor-In-Chief of HBCU Money™ and look forward continuing to do so. There is no time to rest. Enjoy the moment. Now, let us get back to work because as our motto states “Our Money Matters”.