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Toure Show

Arlan Hamilton - I Steal White Privilege

Toure Show

DCP Entertainment

Performing Arts, Arts, Society & Culture

4.8880 Ratings

🗓️ 31 March 2024

⏱️ 64 minutes

🧾️ Download transcript

Summary

You don’t need to work 50 hours a week to get rich. You need to make your money work for you. And you need to know that you can infiltrate the power structure and make their rules for you. Arlan Hamilton is an amazing Black female Venture Capitalist who was homeless not long ago and now has a crowdfunded VC fund that anyone can join (theoretically—right now it’s closed, slots sold out in a day! But I’m hoping it opens back up soon!) But here she talks about going from homeless to VC and how she’s trying to create business opportunities for Black, brown, female and LGBT founders because they are an under utilized resource even though they know how to make a dollar out of 15 cents. A throwback to an important conversation from 2018 with a woman who’s figured out how to steal white privilege and make it work for her. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Today's show is brought to you by Trump Brain, the pills that don't make you smarter, but make you think you're smarter.

0:16.5

They'll give you a boost of self-confidence. You'll feel as confident as a rich straight white man. You'll think your worst ideas are great ideas

0:26.2

just like Kanye who was gonna be our spokesperson but now that's not happening.

0:31.3

Trump brain pills are not approved by the FDA yet,

0:35.0

but that's just the man trying to keep you down.

0:39.0

He doesn't want you to think you're the smartest one in the room.

0:41.0

He doesn't want you to maximize your

0:43.9

potential. So you can buy Trump-brain pills on the dark web in Bitcoin. Use

0:51.0

the promo code Tori.

0:53.0

Actually, don't use the promo code Tori.

0:57.0

Arlen Hamilton is one of the most incredible people ever.

1:05.0

She steals white privilege or at least minds it for tactics that can help her.

1:10.0

Arlen's someone who was homeless just a few years ago, but now... her. is to invest in underestimated founders, that's what she calls it, black brown gay

1:25.1

lesbian and female founders who don't usually get the same look as the white boys.

1:29.8

And she does this not because it's charity or an altruistic favor.

1:35.0

She does this as a business advantage.

1:38.0

Look, if almost all of the white boys who could become Zuckerberg get their shot and few to none of the others

1:47.0

get their shot, then there's got to be business opportunities there as well.

1:53.2

In her famous medium post, dear white venture capitalists, if you're reading this it's almost

1:58.0

too late, Arlen wrote, it's not about helping founders, it's about fueling an untapped ecosystem so that you might be lucky enough to recap rewards in years to come.

2:09.0

She's not saying invest in diverse founders because it's the right thing to do morally.

2:14.0

She's saying it's the right thing to do business-wise.

...

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