Underestimated [Entire Talk]
Culture
Founders from underrepresented communities are reshaping the entrepreneurial landscape.
Duration
46:44
Part of Series
Entrepreneurial Thought Leaders
Season
Season 15
Episode
7
Backstage Capital founder and managing partner Arlan Hamilton built a venture capital fund from the ground up, while homeless. Her fund is dedicated to minimizing funding disparities in tech by investing in high-potential founders who are people of color, women, and/or LGBT. Hamilton herself identifies as all three. Started in 2015, Backstage has invested nearly $7 million into 120 startups led by underestimated founders. In this talk, Hamilton describes how and why she created her unique fund, and why she views underrepresented, underestimated founders as a category with massive potential.
Video clips from: Underestimated [Entire Talk]
- 46:44Founders from underrepresented communities are reshaping the entrepreneurial landscape.
- 2:25Founders from underrepresented communities are often underestimated, and can use that to their advantage.
- 6:23Sometimes, being an entrepreneur means persevering through years of nothing but rejection.
- 2:46The venture capital business drastically under-funds black women.
- 3:36Sometimes, principles are more important than money.