VentureHue

?? What if $10K could turn into $400K? At VentureHue, we believe in the power of group economics to drive wealth-building and empower Black communities. ?? Our latest blog explores how a collective approach to investing can create life-changing financial returns—and we’ve got real-world success stories to prove it. ?? Nas and Coinbase: By investing early in Coinbase, Nas turned his stake into (at least) a $40 million windfall when the company went public. ?? Meek Mill and Lids: A $200,000 investment in Lids, advised by Michael Rubin, led to an $8 million return for Meek Mill. ?? Jay-Z and Uber: If Jay-Z’s reported net worth of $930 million is accurate, his $250,000 investment in Uber could now be worth around $70 million. ?? Chamillionaire and Lyft: Chamillionaire’s early investment in Lyft demonstrated the power of getting in early with tech startups, contributing to significant gains as the company scaled. ?? Oui Capital and Moniepoint: Oui Capital invested $150,000 in Moniepoint, a fintech startup in Nigeria, and earned $8 million in just five years. These stories aren’t just about celebrities—they’re about what’s possible when we pool resources and strategically invest in scalable businesses. Imagine if 20 people pooled $10K each into an opportunity like Lids or Moniepoint—that’s $400K per investor on an $8M return. ?? Are you ready to build wealth as a community? Learn how group investments can help us close the wealth gap and create generational prosperity. ?? Read the full blog here: https://lnkd.in/eHGKWF-m Let’s shift the narrative. Let’s invest in ourselves. Together, we can turn small investments into massive wins. ??? #GroupEconomics #WealthBuilding #BlackInvestors #AngelInvesting #VentureCapital #EconomicEmpowerment

?? First-time founder raising capital? You might be looking in the wrong place! ?? While venture capital often steals the spotlight, angel investors are the true champions for early-stage startups! ?? According to the 2023 Angel Funders Report, 83% of angel investments target Seed and Series A rounds. This means angel investors are far more likely to back your big idea from the start than venture capitalists, who often wait until later stages. Curious about why angels are the better choice when you’re just starting? Check out our latest blog to dive into the data and see why angels are leading the way in early-stage funding! ???? [Read the full article: see link in comments] #AngelInvestors #StartupFunding #FirstTimeFounder #SeedStage #VentureCapital #StartupAdvice #RaisingCapital

Elevate your real estate game with our funding solutions! Join us for our weekly webinar and find out how you can access up to $100+ million in loans and lines of credit for your Detroit and nationwide projects. Secure your spot today! ???? Webinars are hosted weekly, starting on Wednesday, July 10th at 12pm ET. Go here to register: https://lnkd.in/ekQiAVUr

Are you a real estate investor looking for funding? Our exclusive programs offer up to $100+ million in loans and lines of credit. Don't miss our weekly webinar to learn how to qualify and maximize your investment opportunities! Register now! ???? Webinars are hosted weekly, starting on Wednesday, July 10th at 12pm ET. Go here to register: https://lnkd.in/ekQiAVUr

Unlock the potential of your real estate investments! Join our weekly webinar to discover how qualified investors can secure up to $100+ million in loans and lines of credit. Learn from experts and take your projects to the next level. ???? Webinars are hosted weekly, starting on Wednesday, July 10th at 12pm ET. Go here to register: https://lnkd.in/ekQiAVUr

?? Exciting News! ?? We are thrilled to announce an exclusive partnership with a billion-dollar private real estate lender, bringing unmatched funding opportunities to Detroit’s real estate market. Loans and lines of credit up to $100 million are available for real estate investors that can meet the minimum requirements: —Experience or an experienced partner —Appraised Value —Liquidity or an asset partner with no financial qualification except a credit score of 660 (exceptions down to 620) —Background check that shows no financial fraud ?? Ready to take the next step? ?? Register for our weekly webinar to learn more about the different funding options: https://lnkd.in/ekQiAVUr Read the full press release here: https://lnkd.in/eNt2wj-m #RealEstate #Detroit #Investment #VentureHue #realestatefunding #realestate #realtor #realestateagent #home #property #investment #forsale #realtorlife #househunting #dreamhome #luxuryrealestate #newhome #homesweethome #realestateinvesting #luxuryhomes #realestatelife #business #design #realestateinvestor #realty #entrepreneur #mortgage #broker #homesforsale

ProsperUs Detroit is gearing up for the launch of their Fall 2024 Entrepreneurship Training Program! They are hosting an information session for entrepreneurs that want to participate. The sessions will take place on: July 11th, 11:30am to 12pm ET July 13th, 5:30pm to 7pm ET Location: Central Detroit Christian, 1550 Taylor St., Detroit, MI 48206 Register for the information session here: https://bit.ly/ETPFall2024 Please share with entrepreneurs in Detroit, Highland Park, Inkster, and Hamtramck!

Happy Juneteenth!

We're so proud of the founders in VentureHue ACCESS Lab! They continue to amaze us with their creativity, ingenuity, and grit. One of our spring 2024 cohort founders, Jantae Spinks and Samuel Trotter, were recently highlighted in Detroit's Metro Times to discuss their art gallery and bakery, Someday. Here's a snippet from the article: "After living in New York City for a short period and Los Angeles for around seven years, collaborating with clients such as Nike, Telfar,?Rolling Stone, and Google, the couple returned home to Detroit in 2022 with ambitions of strengthening the city’s creative community and cultivating a safe space for “young melanated folk.” During the same year, Someday received a Motor City Match grant of $40,000, which supported the realization of its brick-and-mortar. “We honestly hit the ground running,” Trotter says. “We came back to Detroit with the mission, so I want to say within the first few months of us being here, we were looking at different areas, different neighborhoods for Someday to land.” Read more here: https://lnkd.in/evk4JtKy

“A new study by Wharton professors Valentina Assenova and Raphael (Raffi) Amit brings fresh insight into the performance of accelerated startups. The paper shows that participating in accelerators generally leads to positive outcomes in terms of startup business success rates. In examining data from 8,580 fledgling companies that made it past the initial screening stage at 408 accelerators in 176 countries between 2013 and 2019, the professors found that accelerated startups grew more, on average, than their peers. Positive Outcomes of Accelerators “Accelerated startups were 3.4% more likely to raise venture capital, and raised $1.8 million more in the first year after graduating from these programs,” Assenova said. “They also planned to raise $2.64 million more capital, on average, over the next year. Accelerated startups also generated more revenue, hired more full-time employees, and paid more in wages to their employees, on average — indicating that they were scaling faster than their peers.” Source: https://lnkd.in/dB6XZyAw