Arlan Hamilton is an
investor
An investor is a person who allocates financial capital with the expectation of a future Return on capital, return (profit) or to gain an advantage (interest). Through this allocated capital most of the time the investor purchases some specie ...
and the founder and managing partner of Backstage Capital. In May 2020, Hamilton released her first book from
Penguin Random House
Penguin Random House LLC is an Anglo-American multinational conglomerate publishing company formed on July 1, 2013, from the merger of Penguin Group and Random House.
On April 2, 2020, Bertelsmann announced the completion of its purchase o ...
entitled ''
It's About Damn Time: How to Turn Being Underestimated into Your Greatest Advantage'', which is based on her personal journey into entrepreneurship and
venture capital
Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to start-up company, startups, early-stage, and emerging companies that have been deemed to have high growth poten ...
.
Career
In 2015, Hamilton founded Backstage Capital, a fund that invests in "underestimated founders". Underestimated founders for the fund are defined as women,
people of color
The term "person of color" ( : people of color or persons of color; abbreviated POC) is primarily used to describe any person who is not considered "white". In its current meaning, the term originated in, and is primarily associated with, the U ...
, and members of the
LGBTQ
' is an initialism that stands for lesbian, gay, bisexual, and transgender. In use since the 1990s, the initialism, as well as some of its common variants, functions as an umbrella term for sexuality and gender identity.
The LGBT term is ...
community. To date, Backstage Capital has raised more than $15 million and has invested in more than 150 startups.
Prior to her venture capital role, Hamilton founded and published the indie magazine ''Interlude'' and prior to that, served as tour manager to
Atlantic Records
Atlantic Recording Corporation (simply known as Atlantic Records) is an American record label founded in October 1947 by Ahmet Ertegun and Herb Abramson. Over its first 20 years of operation, Atlantic earned a reputation as one of the most ...
recording artist Janine.
In May 2018, Hamilton announced her firm would also attempt to raise a $36 million fund specifically for black female founders.
Hamilton was the subject of a six-episode series on the
Gimlet Media
Gimlet Media LLC is a digital media company and podcast network, focused on producing narrative podcasts and headquartered in Brooklyn, New York. The company was founded in 2014 by Alex Blumberg and Matthew Lieber, who serve as the company's ...
podcast Startup. Hamilton is mostly complimentary about the podcast series, but did take issue with how she was portrayed, especially in sequences that cast her in an irresponsible light. Hamilton's Backstage Capital's podcast The Bootstrapped VC features episodes that are reactions to the Gimlet series.
In June 2019 Hamilton received recognition from
Business Insider
''Insider'', previously named ''Business Insider'' (''BI''), is an American financial and business news website founded in 2007. Since 2015, a majority stake in ''Business Insider''s parent company Insider Inc. has been owned by the German pub ...
as one of the 23 most powerful LGBTQ+ people in tech.
Hamilton has funded a scholarship for black female pilots,
and a scholarship for black students at the University of Oxford.
In June of 2022,
TechCrunch
TechCrunch is an American online newspaper focusing on high tech and startup companies. It was founded in June 2005 by Archimedes Ventures, led by partners Michael Arrington and Keith Teare.
In 2010, AOL acquired the company for approximat ...
reported that BackStage Capital had laid off most of its staff and was pausing net new investments.
Personal life
In 2019, Hamilton married German composer and actress, Anna Eichenauer.
In 2021, Hamilton paid $112,500 for a 1956 Chevy truck owned by her personal icon Janet Jackson.
Writing
Before becoming a venture capitalist, Hamilton gained notoriety as a blogger on "Your Daily Lesbian Moment," a blog site and point of connection for women seeking both platonic and romantic relationships with other women.
In May 2020, Hamilton published the book entitled, "It's About Damn Time," written with Rachel L. Nelson. The book is part memoir and part how-to for people who are generally underestimated in society. In the book, Hamilton details her early career as a music tour producer and, on pivoting to venture capital, the tactics she used to start the VC fund Backstage Capital.
*
Awards
* 2018 – ''Fortune'' 40 Under 40
*2021 —
Fast Company
''Fast Company'' is a monthly American business magazine published in print and online that focuses on technology, business, and design. It publishes six print issues per year.
History
''Fast Company'' was launched in November 1995 by Alan We ...
Queer 50
*2022 —
Fast Company
''Fast Company'' is a monthly American business magazine published in print and online that focuses on technology, business, and design. It publishes six print issues per year.
History
''Fast Company'' was launched in November 1995 by Alan We ...
Queer 50
References
{{DEFAULTSORT:Hamilton, Arlan
1980 births
Living people
Women in finance
African-American business executives
21st-century American businesspeople
21st-century American businesswomen
American LGBT businesspeople
21st-century African-American women
21st-century African-American people
20th-century African-American people
21st-century LGBT people
20th-century African-American women