Arlan Hamilton has some rather striking accomplishments. She doggedly pursued her dream of starting a venture capital fund focused on female, minority and LGBT entrepreneurs, spending everything she had and ending up homeless and living on the streets. However, after receiving the initial investment in her fund, Hamilton, a Silicon Valley outsider with no experience as a venture capitalist, has secured funding from many well-known Silicon Valley investors. A year later, she is leading a $5 million venture fund, having already invested in nine start-up companies.
Key Takeaways:
- Arlan Hamilton had to risk everything to acheive her goal
- Sillicon Valley is focued on creating a more diverse atmosphere by investing in projects created by women, minorities and LGBT members
- Diversity among venture capitalists is currently scarse.
“Like many of her tech idols, Hamilton wears the same uniform every day: a black shirt or black hoodie that proudly sports the name “Backstage Capital” in bold purple letters.”
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