After another long day of chasing down potential investors, venture capitalist Arlan Hamilton was ready for bed. The only problem was, she had no idea where she would sleep.
This is kind’a crazy right? But is it? Let’s break down the story here a little. Is it shocking that a woman with no investing experience would have the nerve to think she could be a venture capitalist? Yes, but her self-confidence (dare we say with healthy and very typical dash of arrogance) is not that different from other first time fund managers. Tech executives that “know the business” frequently make the jump to the investing side. Arlan Hamilton brings an operator’s perspective to assessing minority, female and LGBT entrepreneurs. Her perspective and knowledge make her uniquely qualified to spot the right people to invest in. Every investor’s unique background allows them to spot unique opportunities and evaluate unique entrepreneurs. Arlan Hamilton is no different.It’s not about “helping” founders, it’s about fueling an untapped ecosystem so that you may be lucky enough to reap the rewards in years to come. Click To Tweet
And not to beat it to death, but this is exactly my point about Peter Thiel’s comments about start-ups outside of Silicon Valley, New York and Boston. Geographic diversity and human diversity aren’t that different from an investing standpoint. If you want extraordinary ideas and people, you have to have the guts to not look in the ordinary places.
btw check out this post by Ms Hamilton: Dear White Venture Capitalists