Cliff Notes: How Arlan Hamilton Raised $30 Million
Mar 24, 2024
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Join the insightful conversation with Arlan Hamilton as she shares her journey of raising $30 million, network building, and calling out major funds. Discover the influential individuals who supported her, her bold approach to societal issues, and the impact of Backstage Capital. Learn about her fund's success with 200 companies, early-stage investments, and job creation. Gain insight into securing investments, fund goals, and what makes her fund attractive to investors.
Successful fundraising involves building a strong network with influential investors from tech giants like Facebook and Google Maps.
Backstage Capital's goal is to support underrepresented founders, aiming for a $100 million valuation and managing $300-$500 million in assets in five years.
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Building a Strong Investor Network for Fundraising Success
The fundraising process involved connecting with investors such as a tech person from Facebook and Lars Rasmussen, the co-founder of Google Maps. Notable investors like Stuart Butterfield, Slack's founder, and Mark Andreessen supported the venture. Despite some challenges, effective networking resulted in successful investments and partnerships. The founder's dedication to reaching out and engaging with potential investors played a crucial role in securing funds.
Backstage Capital's Growth Journey and Future Goals
Backstage Capital aims to reach a valuation of $100 million, with a vision to manage $300-$500 million in assets within the next five years. The fund focuses on creating value and opportunities for underrepresented founders and has invested in around 200 companies generating revenue in the millions. Despite facing obstacles and limited exits, the fund has a successful track record and strives to continue supporting diverse entrepreneurs in building sustainable businesses.
Join Rashad Bilal as he sits down with Arlan Hamilton to discuss the intriguing process of raising money and attracting investors. Arlan shares her unique journey from starting with minimal connections to building a network that led to raising $30 million. Learn about the influential individuals who supported her along the way, including key figures from Facebook, Google Maps, and Slack. Discover Arlan's bold approach in calling out major funds for their inadequate responses to societal issues and gain insight into her vision for Backstage Capital. With a track record spanning 200 companies, including early-stage investments and creating thousands of jobs, Arlan proves the value of her fund's impact. Don't miss this insightful conversation on securing investments, fund goals, and the unmatched opportunity presented by Backstage Capital. Hear firsthand what makes Arlan's fund attractive to potential investors and the impressive results she and her team have achieved.