The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Arlan Hamilton: "We Have Come For Cake, Not The Crumbs", Arlan's Plan To Return $1Bn in 10 Years, Why Arlan Plans To Giveaway or Invest 90% of Her Wealth & What The LP Class Can Do To Ensure More Under-Represented Managers Get Funded
Mon, 05 Oct 2020
Arlan Hamilton is the Founder and Managing Partner @ Backstage Capital, the seed fund that has paved the way investing exclusively in startups that are led by underrepresented founders. Backstage Capital also expanded their model and now have Backstage Accelerator working with companies across 4 cities. Last month, Mark Cuban gave Arlan $6M to invest in underestimated founders (ArlanWasHere Investments Fund I). Arlan is also an Author of "It's About Damn Time". If you would like to invest with Arlan, you can, check out BackstageCrowd.com with over 2,000 accredited and non-accredited investors, they just completed their 6th deal and $1m raised within 3 months of launch. In Today’s Episode You Will Learn: 1.) How Arlan made her way from the airport floor to founding her own venture firm, Backstage Capital and writing a book, "It's About Damn Time"? 2.) How does Arlan assess her own relationship to money and wealth? What is Arlan's thinking around her desire to give away 90% of her wealth? How does Arlan evaluate her own appetite for risk? How has that changed over time? 3.) From a strategic perspective, what are some core elements to Arlan's strategy that are not obvious? What are the main misconceptions that remain with regards to under-represented founders? What does Arlan believe are the leading indicators when assessing founders today? 4.) What does Arlan believe have been the biggest challenges in building the firm that is Backstage? What have been the core breaking points in the scaling of people and strategy? How does Arlan think about the relationship between brand vs reputation? What does Arlan believe are the main misconceptions people have about her? 5.) How would Arlan like to see the world of venture change over the next decade? What can LPs do to encourage more under-represented founders are backed? How can this be measured? Who should be held accountable? Items Mentioned In Today’s Show: Arlan’s Fave Book: What I Know For Sure by Oprah Winfrey As always you can follow Harry and The Twenty Minute VC on Twitter here! Likewise, you can follow Harry on Instagram here for mojito madness and all things 20VC.
No persons identified in this episode.