Doug, Out.

A recap of Doug Speight’s tenure as AU’s Code2040 EIR

At our final Helpfest, our Chief Strategist Adam Klein presented Doug Speight with the “Order of the Bull,” a special trophy and acknowledgement that American Underground gives to impactful leaders in the Durham startup community. Doug, the Cathedral Leasing CEO, recently completed his tenure as Code2040 Entrepreneur-In-Residence for American Underground. Code2040 is a San Francisco organization dedicated to creating access and opportunity in tech for Black and LatinX communities.

We recently had Durham’s favorite Trap rapper Professor Toon conduct Doug’s exit interview in a segment called “Doug, Out” appropriately shot at the Durham Bulls Athletic Park. Get it? Baseball….dugout…Doug, out? Clever, right?

Here is a snapshot of what Doug accomplished in his role as EIR through his 5 M’s plan (Magnetism, Momentum, Money, Mentors, and Minds).

Magnetism

Creating social and educational events and convening entrepreneurs of color to discuss issues pertinent to them. We hosted over 160 participants for candid conversations on factors critical to their success:

  • Juneteenth 2016 Spectacular Magazine/Code2040 Business after Hours
  • Questions That Need Answers monthly series (2017), featuring Vickie Gibbs- Marlow Consulting, Marlon Nichols- Cross Culture Ventures and Walter Latham- Latham Entertainment

Momentum

Coordinating and mobilizing Triangle ecosystem resources to support entrepreneurs of color in achieving traction for their venture:

Money

Stimulating conversation regarding the financial and societal value of diversity in venture investment in entrepreneurs of color:

Mentors

Introducing a cadre of diverse mentors of color and females from across the Triangle ecosystem:

Minds

Providing exposure, mentorship and direct engagement to over 200 of the next generation of entrepreneurial leaders: