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Episode 2 6

This Week in Venture Capital #26 with Grammy Winner Chamillionaire

Wednesday's at 2pm (PST)

This week, host Mark Suster welcomes rapper, singer and entrepreneur Chamillionaire. The chart-topping artist behind hits like “Turn It Up” and “Ridin” also has a successful track record in business, owning his own tour bus company, his record label (Chamilitary Entertainment) and co-founding a Houston-based auto dealer, Fly Rydes.

  • http://communico.co.nz Julian A Waters

    Amazing show – best yet

  • http://agentlexie.com/ Team

    Yet another reason why I love so many programs on the This Week In network. Great Interview.

  • http://www.chrisbrisson.com Chris Brisson

    Great interview… very impressed. Definitely someone to watch later on.

  • Chatroam

    Chamillionaire? I would have never thought he would be a tech guy… here’s the deal: Entertainers are masters of marketing. They live and die on people loving or hating, there is no middle ground so they have to be remarkable, innovative, and memorable in order to put food on the table. Entertainers know how to connect with people through their street smarts; they know how to play the game and are deviants to the mainstream.

  • John Greathouse

    Mark – great job. Musicians / entertainers have been some of the world’s best entrepreneurs since the beginning of time. They need to deliver to get paid, night after night – just like tech entrepreneurs.

    Love this episode.

  • http://www.facebook.com/people/Martin-Thompson/100001055565443 Martin Thompson

    Awesome….I always forget smart entertainers are….

  • Anonymous

    Mark
    Let me first start by saying That your blog is a breath of fresh air in terms of how you break down the nuances of becoming a successful technology entrepreneur and I have encouraged many people to read the things you write. That being said i believe you have missed the mark here as it relates to the “African American Entrepreneurial situation” While I also appreciate Chamillionaire’s passion about how the internet has changed his life and the parallels between his entrepreneurial experiences and those of a technology entrepreneur. I also believe that is a part of the problem. ( I also note my comments are not meant as a knock to chamillionaire). African Americans need to see that technology entrepreneurship success can be achieved without being in the music industry. They need to see that there are engineers at facebook, biz dev guys at foursqaure (@tristanwalker) , and other people who look like them who are succeeding . They also need to know investors are eager and willing to invest in their ideas. I have a unique perspective on this being an entrepreneur, having been venture funded, having created a start-up with a hip hop mogul and being African American. They need to be shown that barriers to entry in this space are lower and opportunities are bigger than they are for being a rapper or an athlete. I think we can agree that with the amount of activity in the online space these days that the lack of African American founders is an issue. I’ve spent the last year trying to draw attention to the issue. I asked Arrington to address it at disrupt and was ignored. By doing this show you have shown you recognize the issue and I hope you will continue to highlight so i can use your content as another example to minority youth that we want them to be a part of the next generation of technology entrepreneurs.

  • Anonymous

    This is fantastic. Thanks a lot! No wonder he’s killing the competition, he’s just so advanced.

  • http://twitter.com/Aerials24 Latif Nanji

    A very fresh perspective for young entrepreneurs in the music business…

  • http://twitter.com/LutzVA Lutz VA

    smart guy!

  • http://twitter.com/jabacule jabacule

    nice and stimulating interview!!
    cheers from brazil.

  • http://twitter.com/cliffdailey Cliff Dailey

    Great, great interview and insight. Being a African American that’s very much into the tech and entrepreneurship, I can definitely relate to e last part of the interview. I’m the friend in the group that’s always putting my friends onto new tech sites and services. I’m currently about to launch a startup and I cant wait to live what ive been researching and studying for a while now.

    http://techscrapp.com

  • http://www.facebook.com/people/Houston-Mcmiler/1584863015 Houston Mcmiler

    i would love to be on a panel talking to African Americans about how to build up their company financially by using business credit http://gboogie.net. if and when you have that segment please give me a call or contact me through my website http://www.sharedaluv.com. that was a real interesting interview with Chamillionaire i always respected his business since although im not into the music but i have a lot of respect for him on the business side.

  • http://hirethoughts.blogspot.com Donna Brewington White

    There much to learn from this guy on so many levels.

    One thought among many generated by this interview:

    I often wonder why I don’t hear more about the value of marketing savvy as part of the package for a startup founder’s skill set — obviously someone can be a successful entrepreneur without personally being a marketer, but it seems that marketing sensitivity can make a huge difference from the outset — but the outset is not generally when a marketer is added to the team.

    I understand the significance of the tech/product piece(s) for a tech startup. Obviously, without the ability to create product and the “technology” to do so, Chamillionaire’s marketing instincts would not have been so significant — I get that — but I wonder what can be learned from how much those instincts drove his success even — maybe especially — early on.

    —————————————-

    Anyway, great interview. Chamillionaire fits every definition of an entrepreneur — Mark, thanks for bringing him to our attention as such and as someone other entrepreneurs can learn from. I honestly would not have figured this one out on my own and gone looking for a rapper from which to learn lessons in business.

  • http://hirethoughts.blogspot.com Donna Brewington White

    I think I understand your point.

    What I think is very cool about Chamillionaire’s example — and I am sure there are others that I’m just not that immediately aware of — is that he is demonstrating that becoming a rap star (or basketball star, etc.) in itself is not necessarily the end of the line. There is something beyond this: becoming an entrepreneur. Any way that we can expand kids’ thinking to embrace entrepreneurship as a possibility (or to even begin thinking about it) is a good thing.

    Giving kids the vision for entrepreneurship is a complex and multi-faceted endeavor — translating this to urban minority youth is even more complex — but I would like to believe it is very possible. People like Chamillionaire are part of the answer, I think.

    I was thinking about showing this video to my 15 y.o. To be honest, not because Chamillionaire is African American but because I want my kids to see entrepreneurship from as many angles as possible and this is one that will get his attention because it is cool and different. Just planting seeds…

    Lately, my thinking is being expanded by the “XX Combinator” movement (also known by other names) — which addresses the question of why there aren’t more women in tech startups — particularly as founders. Of course, the obvious question has been raised in some of the discussions about minorities in startups in general.

    Role models and examples are huge! Seems like you fit that category. However, it’s also important that a lot of people get involved who aren’t personally, directly affected. While I have some philosophical and social interest, I’m also someone who believes that we will have a healthier and more sustainable capitalistic economy if there is more diversity in the startup ecosystem.

  • http://hirethoughts.blogspot.com Donna Brewington White

    I think I understand your point.

    What I think is very cool about Chamillionaire’s example — and I am sure there are others that I’m just not that immediately aware of — is that he is demonstrating that becoming a rap star (or basketball star, etc.) in itself is not necessarily the end of the line. There is something beyond this: becoming an entrepreneur. Any way that we can expand kids’ thinking to embrace entrepreneurship as a possibility (or to even begin thinking about it) is a good thing.

    Giving kids the vision for entrepreneurship is a complex and multi-faceted endeavor — translating this to urban minority youth is even more complex — but I would like to believe it is very possible. People like Chamillionaire are part of the answer, I think.

    I was thinking about showing this video to my 15 y.o. To be honest, not because Chamillionaire is African American but because I want my kids to see entrepreneurship from as many angles as possible and this is one that will get his attention because it is cool and different. Just planting seeds…

    Lately, my thinking is being expanded by the “XX Combinator” movement (also known by other names) — which addresses the question of why there aren’t more women in tech startups — particularly as founders. Of course, the obvious question has been raised in some of the discussions about minorities in startups in general.

    Role models and examples are huge! Seems like you fit that category. However, it’s also important that a lot of people get involved who aren’t personally, directly affected. While I have some philosophical and social interest, I’m also someone who believes that we will have a healthier and more sustainable capitalistic economy if there is more diversity in the startup ecosystem.

  • Anonymous

    He’s clearly a brilliant entrepreneur and it was an educational interview. But, how again was this show about venture capital? Don’t you think he’d be a more appropriate guest for This Week in Startups or maybe Social Media? Let’s get this show back to venture capital! There should be a rule that you either have given or received VC to be a guest on a VC show. Also, what happened to the “deals of the week” segment that you to have on the show?

  • http://pulse.yahoo.com/_OCKNB2R6P24XDOHOFVZTIZAWQA Jacob Andersen

    i am not impressed with him. he is nothing more special than anyone else who has made it.
    and he is not loyal to those who have helped him. he is a young punk who thinks he can do whatever he wants.
    people have put millions into promoting him and now he is playing tricks to try to walk away
    can i say to Kleiner Perkins — sorry guys — i am gonna shut down my business now that you have helped make it successful because i want to own all of it without you. that’s just a rat.

    lastly, what artist asks his customers what type of music they want to hear from him? that doesnt sound like an artist to me. that sounds like a factory or a businessman. not an artist. sorry chamillionaire — you wont be around in 5 years. you clearly name yourself and care more about money than people.

    i was particularly appalled when you said you wanted it to APPEAR to your customers that you care. not that you really care about anyone. listen to his words. it speaks miles.

  • http://pulse.yahoo.com/_CWKYTQZ3KNJBEYWTRHT7A6TZFU Christian

    cham is no oprah
    please
    oprah is doing her sctick for 30 years now
    cham is yesterday

  • http://twitter.com/chasedave Dave Chase

    Great interview. Always a lot to learn from folks not in traditional tech and creative ways they are marketing. You mentioned a tool/sponsor that sounded very interesting but I couldn’t remember the name other than it started with “cloud”. I came to your site and clicked on the Sponsors and didn’t find them and finally decided to listen again to try to find them. It’s “CloudSponge”. Honestly, some of the most valuable stuff I’ve found on This Week in Startups/VC has been some of the sponsors (e.g., Trada, .co, etc.). It would be nice if you added the sponsors to each episode on the episode page. I’m often working out when I listen and can’t recall the name without a clue.

  • Bdhsbball32

    cham, ur sick dude, keep puttin out music, it dont matter what label ill always listen bro

  • Mikephilson

    Hey,
    My name is Mike Philson, find me at http://www.multimindsproductions.com

    I met some UCSB radio people at a music conference in NYC, and I definitely want to come to UCSB and speak with some kids. Definitely let me know if you’re up to talk–my email is mikephilson@multimindsproductions.com

  • Mikephilson

    Hey,
    My name is Mike Philson, find me at http://www.multimindsproductions.com

    I met some UCSB radio people at a music conference in NYC, and I definitely want to come to UCSB and speak with some kids. Definitely let me know if you’re up to talk–my email is mikephilson@multimindsproductions.com

  • Mikephilson

    By the way after I worked in investment banking I worked in finance/ business management, and then switched to music. Let’s chat

  • Mikephilson

    By the way after I worked in investment banking I worked in finance/ business management, and then switched to music. Let’s chat

  • Lukas

    Mark, your show rocks. I really loved this one, great dynamics between you two. Im a former artist turned entrepreneur now playing with my second company in Sweden. Im quite amazed about how this show threw me back into the old mode and inspired me to think about my present IT-tech-legal-security company in terms of a rockstar. lots of mindfun

  • http://www.lifeofanentrepreneur.net Mike Wille

    Thanks Mark, as an entrepreneur this is very valuable and insightful as always. I love this show!

  • Wclingman

    Enjoyed the show. Learned tons.

  • http://www.businesscreditworkshop.me/ Joe Lawrence

    Good show, I think it’s cool that he reads mashable and tech crunch, never would have thought that! Joe Lawrence, blogger at http://www.businesscreditworkshop.me/