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Former Hartbeat CEO Thai Randolph Acquires Two Media Brands as She Pushes Black Women Creators Toward Business Ownership

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Creators Get Followers. Thai Randolph Is Buying the IP.
Credit: Ismael Quintanilla III /Halo Creative Studios for AfroTech

Creators are taught to build an audience. Thai Randolph is buying the thing that outlasts one.

Randolph, founder and chief executive of the brand and intellectual property platform Nile & Co., told a room at the AFROTECH Conference in Houston on Tuesday, November 3, 2026, that the question she keeps putting to creators is what the everyday IP opportunities are for the people sitting in front of her. The money answer matters because the money has not been arriving. “When you look at sort of women creators, and Black women creators specifically, you often don’t see the same types of like commercial investment,” she said.

She has the record to ask it. Randolph began in digital advertising and was group director in social and emerging media at VML/Y&R before working at Sony and Meta. She then became chief executive of Hartbeat, where she helped raise more than $100 million at Hartbeat Ventures. “I got to see the infrastructure required to scale a creative business, but also just how powerful creators are,” she said. She left in 2023.

Nile & Co. runs on three strategies. It builds brands, it works as an operating and commercialization partner, and it acquires brands outright. Its first two acquisitions are the media brands As/Is and Goodful, both scheduled to relaunch in the first quarter of 2027.

The acquisition half answers something she watched up close. “Not everybody wants to really run the whole business,” she said. A creator can hold the idea and the equity without also holding the payroll, and Randolph said the shift is already moving the industry around her. “It’s disrupting how brand building is happening,” she said.

What she screens for is not reach. “I’m not someone interested in how many followers you have as much as how attuned you are to the mission,” she said.

That is the whole distinction. A following is rented, and it is counted on a platform somebody else owns. A trademark, a catalogue and a relaunch date are owned, they can be sold, and they can be borrowed against. Randolph also serves on the board of directors for Rock the Bells.

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