Howard Marks
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Podcast Appearances
By the way, MechWarrior was a board game.
Into a new world, which is CD-ROM, 3D graphics, it worked.
Because why?
People love those properties.
The same thing with board games.
So StartEngine is a modern financial firm.
And our mission is to help entrepreneurs achieve their dreams.
And my idea was very simple, is to help people raise capital.
Why?
When I invested in about 60 different companies here in LA, in Los Angeles, most of them went out of business.
Why?
They couldn't raise money.
Why couldn't they raise money?
They didn't fit the VC model.
VCs typically only invest in white males from Stanford.
You know, these kinds of exact people that they want.
Plus, the idea has to be in their favor.
The geography has to be in their favor.
But what is everybody else supposed to do?
Women, people with minorities, people who live around the country, people who are doing new ideas that don't fit the VC model.