How I Got Mark Cuban To Invest $6 Million In My Start-Up
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- Опубліковано 6 чер 2024
- Arlan Hamilton spent her entire life in and out of homelessness, working low-wage jobs, being overlooked and underestimated. In 2015 she started an investment fund called Backstage Capital. Today it's worth over $20 million with investors like Mark Cuban, Marc Andreessen and Stewart Butterfield.
There are three numbers to watch for in this story: $50,000, Arlan’s first outside investment, $6 million, the total value of her fund and 2, the percent of companies that receive investment from Backstage Capital. Here’s how Arlan Hamilton went from homeless to running her $20 million venture capital fund.
Follow Arlan Hamilton on Twitter: / arlanwashere
Follow Arlan Hamilton on Instagram: / arlanwashere
Read more about Backstage Capital: backstagecapital.com/
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How I Got Mark Cuban To Invest $6 Million In My Start-Up
I’m actually glad the interview asked her about “working at Starbucks” because a lot of Americans truly believe that being homeless is a choice as they grew up under Reagan era welfare queen propaganda or had parents who did. They have no idea how poverty and homelessness compounds. Often homeless people are fined simply for sleeping in public and going to the bathroom in public since everywhere is private property in America. they can’t pay the fines so they are jailed. When they finally get a job, they have to pay those fines so they can barely keep their head above water.
Wow! So inspiring to see how Arlan crushed literal mountains to get to where she is now. She really believed in herself, and had incredible street smarts - every experience she had, she learned from and made the most out of it - she kept moving forward, and thinking big, even when she was homeless! What an absolute legend.
We need more people like her in the investing space.
Went to an event she was at maybe 2 years ago. Had no idea of her story. This is amazing wow
This story is extremely inspiring! Congrats to her!
Not someone I would call...I would not hire personal finance and investing ...seems a little fishy !
So inspirational, thanks for sharing!
She supported Curl Mix, a natural hair care company, with some start up funds! She’s amazing 🤩
Underemployment is so real. I have a 3.457 GPA from the University of Minnesota - Twin Cities (~3.18 average across all institutions) and I still have struggled finding jobs. I feel like most people in this country don’t understand macroeconomics.
Stay true to yourself and always be reminded of your WHY and that will help you keep going. What an inspiring story!
"Remain yourself ... I better to this other thing because I have to conform, it went wrong, it did not help, it made the situation worse ... BE YOURSELF"
This story is so inspirational
Such an inspiring story! Thank you for sharing
Always a delight to hear female entrepreneurs and investors speak. Once you understand that cash is thrash and there's absolutely no need holding it, there's almost no limit to what you can achieve! 3 surprisingly easy ways to double/hold your funds in 2021; Crypto, Real Estates, who can guess the 3rd?
Has to be stock trading!!! Made my first million investing in stock earlier this year as a newbie after I met an expert from a reputable firm... Retiring by next year with absolutely no fears!!
@@prestonhoffman1295 Thats really impressive. Have tried doing that on my own without luck for sometime now. Getting fed up by the day. Who is this pro you worked with please
@@bettystanley6397 "Rebecca Jean michel ", she was in the news when she revived Grumac in 2018. You can google her
@@prestonhoffman1295 Wow I know Rebecca. Met her once at a fundraiser here in Dallas. Great speaker and full of humor too... "Ms Buy the dip" Lol.
Getting Pregnant for Bill Gates?
One recurring theme with her is constantly asking questions of every experience she had. Great interview.
Congrats. Love your story. Way to go! 🥳
" stay true to yourself, everytime I wanted conform things went wrong." LOVE this!this is the story of my life!
I love her story! Amazing job. I need a fund where I can only invest 1k instead of 20k.
I'm weeping. 😘😘😘 To Mark Cuban. That was sweet 😭😭😭😇🤗
This story is AWESOME
Love this channel
❤️ a beautiful and inspiring story .. thank you
What a story! Thank you for posting!
You keep your head straight you'll always succeed, pain is temporary.
As someone who grew up extremely poor, this segment really resinated with me. Great job Arlan!
awesome story ✨
Nice work 🎆
I learnt a lot today
“She labored twice as hard but made less” this is the key takeaway. It’s not labor we value, it’s status. We arbitrary rate some types of labor as better than others.
False. It's not status it's value itself that we "value". And it's not "arbitrary" although it is partially "subjective".
What an awesome story!
the gems she's dropping!!!
@4:24 Say it louder so they can hear you in the back 🗣🗣🗣 "PAY ISN'T NECESSISARILY TIED TO HOW HARD YOU WORK!" If that weren't the case, African women would be the richest on the planet, hauling water and herding children, ok?
And 19:36 sums it all up. Basically, if you're just yourself, you don't have to worry about sustaining things once you "get there," just continue doing what you're doing.
It's problematic when people of privilege do interviews with a lack of empathy, knowledge and bias. CNBC Make It, though I love your show, I believe it would be good to have some nuance training for your reporters, so that the interviews can be much more impactful. This lady is helping businesses make money by tapping all potential - so the question on making money is very redundant / comes from a place of ignorance Journalism must evolve to be better educated about life outside the lens of privilege. Also, kudos to this lady for building such an amazing portfolio - she is rocking it, and creating opportunity for a more inclusive, sustainable world with expansive services and products that serve a larger, wider audience.
Nice video... When I got the actual fact about salaries was during the lockdown.
Salaries don't make you rich; I went into Trading just last year and I bought my first house in the beginning of this year . Then I realised I wasted a lot of time
That's amazing, how profitable is your trading?
@@madelynlee8142 I trade cryptos, it wasn't easy going when I started but through the right personnel, I was able to build and grow. I earns thousands on weekly basis
@@rubengauthier9154 I'm glad it's working for you ... congratulations
Started trading bitcoin last year and my story hasn't been great. lost nearly $20k in investment. Just had to take a few steps backwards.
@@rubengauthier9154 thanks so much for this comment do you mind sharing his contact info so others can benefit too?
Such an inspiring story
Great story there. Will reach out to you Arlan Hamilton
what an inspiring story ... just cannt be better !! cant !
heartwarming
This is truly inspirational
Her and comedian extraordinaire Ms Pat need to link! Same energy and success!
Someone gave you a chance based on your post about racial equality in venture capitalist firms, but you said, "We are not heartwarming to founders... and don't do investments on the color of their skin." I find it interesting how people can want a break from others, but aren't willing to give that same break when they have the power. It truly is all about money.
Congratulations and I’ve always wanted to open my beard care business one day!
Put a date on it, not one day
Thank you Herve Kalundu!!
love you!
Respect!!!
What is the currency
I love how they never explain why the guy made so much more than her for the same job.
Congratulations
Idk about her…at the end of the video she’s said something along the lines of “we’re [Backstage Capital] not investing money in your company based on the color of your skin” when that’s exactly what her blog post was about, black entrepreneurs not being able to raise capital - based off of their skin color, rather than their ideas. Sounds contradictory and not realizing that the color of her skin was precisely the reason of her struggles in the VC world. Don’t lose touch of your roots.
Also having a goal of investing in 2% of companies isn’t necessarily inclusive, plain and simple exclusive.
Absolutely, I found that contradictory too. In fact I thought it was a missed opportunity on her part. And I don't understand why she would go on about the 90% white male investment and not take the opportunity to correct that.
I think you missed construed what she was attempting to convey.
My understanding of her comment was basically alluding to the fact that if a black person receives funding from her firm, they don’t have to be concerned about race when walking through the door. The entrepreneur simply needs to be concerned with having a good solid product!
@@daurorascontinuingvsgjourn8220 that’s a good point!
The Pursuit of Happyness....reboot
It is better off to go to a state school, get a job, and invest for the vast majority of people. This is coming from a millennial multimillionaire early retiree.
Not only that, but live at home with your parents if possible. For whatever the reason, most millennials find it shameful to still live with their parents and feel they must leave their house once they graduate from college. However, even if they lived with their parents for two years after college they would be far more stable to step out on their own with proper savings. Occupation is also another component on how quickly a person can develop a decent cushin savings which reduce the time spent living at your parent's house.
Black people don’t get investments in their startups. Prototypes and pitch decks are a waste of time. You have to build it, get users or customers, and generate capital for them to even consider you. Rejections are a regular
What’s the name of her fund ?
Lovely Lady 😁 She's got this.
Just wow
Arlan, I think a church would have let you use their address so you can get a job
This lady is speaking about America's Historic History from 1865 and it's still happening 400 years later.
God Bless You All
Only about 20% of people will make it out of the kind of poverty she experienced so these stories are inspiring but we still need large systemic change in this country. It shouldn’t be a battle royal just to survive where down other people get a free ride to the top by virtue of being born into the right family in the right area
There are ton of NBA stars investing in silicon valley, why couldn't she stand at their gates with her pitch? Being a black woman wouldn't that have made it faster for her rather than willingly go upstream and be critical of a race?
And YOUR comment is EXACTLY why she didn’t!!!! 😑
Wow she is a very tough
How do I start talking to people about starting a startup company, because it seems like it's not that complicated!
Find a big problem that resonates with thousands of people and find a solution that will make customers happy and investors as well.
love it
At 11:34 there is a hand writing on paper... It looks like it has a dark 'strip' in the index fingernail. If so, maybe this person should get it checked out with a dermatologist... (it might be the lighting, IDK)
Yep those nails didn't look right
Rich people want to make a return on their money. As long as that fact remains true you’ll be able to access as much capital as you need with a great business idea.
You missed the whole point of the video. She pointed out the fact that an untapped market existed- i.e rich people could have tapped this market to make a return on their money but didn't until she brought it up
@@GroudonsGame You're missing the point.
@@saulgoodman2018 elaborate
@@GroudonsGame All they do is have to pitch an idea to a VC. It the VC can make money off you, they'll invest in you.
Just because you're black and get turned down, doesn't mean it has anything to do with race. White people also get turned down from VC's too.
Even her company, only invests in 2% of applications they get.
VC's only care about 1 color. Green.
@@saulgoodman2018 just make sure my ROI is also green, that's all I care about if I have to invest my money
I'm a Puerto Rican entrepreneur. Can I share with you my app idea?
I was disappointed in her statement at the end. There was different avenue to take but she decided to become the very structure that judge her by her skin.
When you believe in something, anything is possible.
She's giving me Sam Bankman Fried vibes... opportunist
Go Girllll!!!
What an inspiration and very sad how opportunities are not equally available.
Exactly! It shouldn’t be like this!
Founder hounder?
How does she make money?
How company takes 2% of companies she invests into.
But how much does she have to pay to get her investments?
That's how venture capital firms work
All you need is that 1 unicorn that will make you billions
Also the 2% is not how much their making . it's simply a percentage ratio of the companies they invest in that they come across
@@gidd So she invests in 2% of applications. That means it's not about your race, that gets turned down from other VC's.
@@saulgoodman2018 I don't understand your question bro ,I'm trying to help you get it ,but I don't understand what you're trying to say
@@gidd What I'm saying is that it's not about race, like she is making it out to be.
It was a statement, not a question.
I think it’s funny that she says her company is « sharky » , for profit and that they only invest in 2% of what they see. To me this all doesn’t sound like a huge race thing because even when she created her minority centered venture, it’s not like she’s investing a whole lot in the people who present either. Only 2%
One Word: DETERMINATION
“I’ve used Airbnb, I know what that is, I’ll start a tech company!” Ten years later: “So Marc Andreesen got in touch with me …” Talk about manifesting your dreams through sheer belief and persistence. Very impressive!
Before people go "This is so inspiring" i'd recommend doing more research. Most of these feel good stories have more than meets the eye
Just pick an address?
There are a lot of successful super wealthy black individuals who will not invest in their own... Its sad but i don't think its a white men problem that they don't invest in black folks, its the rich black folks that don't invest in their own people.
She got a handout got it. This was all over the place
🙏🙏🙏
🙂 👍👍👍
Let me guess why 😂
The inequality in this country is so disgusting.. it’s great that she did make it pass her hardships but it’s sad that she had to use the racial card to get funding, or even for her project to come into fruition..
America shouldn’t be this way
you are stupid. There is empirical evidence demonstrating class divide due to institutional racism.
not to knock her success (I'm just a middle class college student), but this is too much about race. where will she be if she wasn't a black woman? (I'm just curious).
If you think talking about racism is bad just imagine experiencing it. That seems way worse.
@@devnerdgirl4638 I grew in dc as a dark skin African male. Don’t talk to me about racism. Im just saying no need to bring it up in every sentence
Where would she be if she wasn't a black woman? Probably able to receive funding without going through the effort she went through
@@GroudonsGame 😂 who just gives someone money with no credentials/credibility. I wish I can just go up to bill gates and say invest in me I’m a genius.
@@GroudonsGame I’m not saying that people aren’t bias, yes she can mention that maybe race played a factor in her not funding. But don’t make it the repeating defense.
Go to a homeless person with no college education right now and say give you best idea, I’ll find it
E
I don't understand what she does or invest in. She went from homeless to just another capitalist? I mean Good for her but I don't see the social benefit of her funds
The philosophy of the rich and the poor is this, the rich invest their money and spend what is left. The poor spend their money and invest what is left.
Thanks to Morgan Delbert I have made massive profits investing in forex and crypto since the pandemic
This video reeks of privilege by the host.
She basically runs a non-profit charity. Investors care about money! They don't care if you are black, white, LGBT, Muslim, Jewish or whatever -- investors want a return on their investment and they invest in ideas and people. She has been running this little charity for a few years now and there has not been on successful exit. Also many of the companies they back are not technology companies. Creating a shampoo and selling it online doesn't make you a technology company.
She was homeless so she became someone who makes other people homeless
?
So what’s her business ?? What does she do ?? Sounds like she just got a bunch of donations for being …nvm
She invests in start ups.
Props to her for not attacking Asian people, robbing Target, CVS and Walgreens while being homeless
what?
@@gidd racism
Shame, it seems like he invested in TOKENISM, instead of actually caring.
I'm calling You out on her story .She said she couldn't get a Air BNB .sh she said she landed and she couldn't get an Airbnb and that she came to California and her 30s but I do recall you graduate from high school at 18 she said that she didn't she wanted to make money she want to go to college but plenty of people work and go to college at the same time it's just a matter of prioritizing a 8-hour job as as well as taking part-time classes full-time classes some type of classes to go to college so I'm confused with that so from age of 20 to her 30s you mean to tell me she couldn't save enough money by saving $50 a month so that she can have at least $5,000 before she's 30 to get an Airbnb in California she said she couldn't get an Airbnb it seems to me she didn't plan very well it seems to me that all that brain power and smartness in high school didn't lose her to get to I can just simply save some money simply save $50 a week simply say $50 a month until I have the designated $5,000 $10,000 considering she took her over 20 years from the age of being an adult to make it to California to sleep outside she could have saved that I mean she took it took her over 10 years from the age of 20 to 30 she in 10 years you could have saved $10,000 $1,000 a year to order to get at Airbnb that would sustain you until you found a job because therefore you would have had an address I'm buying b******* on that story she wants to make this story so address seems like to me she was lazy and she didn't plan very well and she just got out there and
Auto spell I'm not buying her story .she chose to wait until she was in her thirties to come to California she didn't seem to have planned well or saved any money prior to the age of eight from 18 to in her 30s when she finally decide to make the trip to California she could have again she could have worked while she was in college she could have simply worked and saved money saved $50 a month would have made enough money in 5 years at the age of 25 instead of taking until she was in her thirties to come to California she could have saved the designated amount of money 5 to $10,000 in a 10-year span from the age of 18 to the age of 30 she surely had enough time to save some money to get an Airbnb that was sustain her a couple of months which would have given her an address when she applied for a regular job like Starbucks like you said and that would have sustained her her savings until she got on she just it seems to me she used this as a storyline because there's no way she's in her 30s living on the ground I understand homelessness but I also understand that in her position since she did have a pizza job she just needed to save more instead of just up and coming to California you can't tell me that even if it is taking her a long time $50 a month is still savings that would have gotten her to her plan before she was 30 since she got here after she was 30 make it make sense
Use paragraphs dummy
@@andreasdailylife6754 I'd like to think that there was more to the story that, for the sake of time, editing wouldn't allow.
„investing in black founders“ lol pure bs
Wow! Your wealth is in your “hands.” This is encouraging 🥹❤️🔥