Esosa Ighodaro and Regina Gwynn are co-founders of Black Women Talk Tech, a worldwide collective of Black female tech founders. The organization on Wednesday announced that it had acquired the assets of Black Female Founders (#BFF) 

Black Women Talk Tech, a global collective of Black women tech founders, announced Wednesday that it acquired the assets of Black Female Founders (#BFF), a social impact platform designed to increase exposure for Black female founders and their ventures, for an undisclosed amount.“The acquisition of an organization built by a group of Black women to another group of Black women is significant because we are building each other up instead of tearing each other down,” said the founders of Black Women Talk Tech. “We believe in working together with those who the public may see as competitors to collectively benefit the culture and Black women.”According to the Brookings Institution, roughly 96% of Black-owned businesses are sole proprietorships, unincorporated companies owned and operated by one person. These Black sole proprietorships comprise 11.7% of all such businesses in the U.S.Only 2.2% are Black-owned employer businesses. Through sharing resources and working together, Esosa Ighodaro and Regina Gwynn, co-founders of Black Women Tech, hope that their merger with #BFF generates more opportunities for Black women to secure investments for the building of the next billion-dollar tech or scalable business.