Arlan Hamilton: Empowering Underrepresented Founders

WSJ Secrets of Wealthy Women

The Wall Street Journal

Careers, Business

4.6 • 955 Ratings

🗓️ 24 June 2020

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

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Summary

Arlan Hamilton, founder and managing partner of Backstage Capital, tells WSJ's Veronica Dagher how she's helping to make the venture capital world more diverse and how far the industry still has to go.

Transcript

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0:00.0	My mother was very familiar with her neighborhood, but one day she stopped at the stop sign and she wasn't even really sure where she was at.
0:07.0	When something feels different, it could be Alzheimer's. Now is the time to talk.
0:11.0	A message from the Alzheimer's Association and the Ad Council. Hey I'm Veronica Dagger and this is the Wall Street Journal Secrets of Wealthy Women,
0:24.3	where women share how they tackle career, money, and the world.
0:28.0	Today we're speaking with Arlen Hamilton, the founder and managing partner of a venture capital firm Backstage Capital.
0:35.7	It's focused on raising money to invest in companies led by women, people of color, and
0:40.2	members of the LGBT community. founders who are underrepresented and often
0:45.2	underestimated in venture capital. Arland knows what it's like to feel like an
0:50.0	outsider and to be underestimated. About nine years ago she was working in the music
0:55.4	industry. She wanted more so she crowdsourced took a class and in 2015 launched her
1:01.9	company.
1:03.0	It hasn't been easy.
1:05.0	Less than 10% of venture capital goes to underrepresented founders.
1:09.0	But Arlen's determined to change that.
1:12.0	And she's here today to tell us how. Garland's determined to change that.
1:12.6	And she's here today to tell us how. Welcome, Arlen.
1:25.0	Hey, thanks for having me.
1:27.8	Our pleasure, first, how are you doing?
1:29.5	I take things day to day.
1:30.9	I'm doing well right now and I feel I feel optimistic but I have to tell you I'm
1:37.0	pretty exhausted. You just came out with a book. Yes.
1:43.0	It's called It's About Damn Time.
	...

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