“Leadership is the art of giving people a platform for spreading ideas that work.” - Seth Godin

The Internet is truly a wonderful place. It helps us spread ideas, inventions, and call-to-action banners across the globe. This elevated way of communicating helps us get the conversation going in all kinds of fields, especially those concerning the quality of our day-to-day lives.

Therefore, each idea shared as a thought or message can undoubtedly become a reality with the right circle of people supporting it. To aid in this cause, Hamet Watt founded Share Ventures in 2019. The company’s mission is to accelerate the success rate of tech startups that aim to make a change in the world.

But how did the child of a fugitive from Senegal become the modern society’s influencing tycoon in social media and SaaS software technologies?

Who Is Hamet Watt?

Those familiar with the many new-age moguls, founders, and investors have probably heard of Hamet Watt. Hamet is a business owner that kick started his own venture in 2019 after having studied the field for many years.

Though Hamet has been a power player on the Washington tech scene for the past decade, he was not born in wealth. His father was an African fugitive from Senegal who had studied engineering and pushed his two sons to follow in his steps.

Being around tech gadgets all his life, Hamet didn’t end up following the exact pathway of his father. Instead, combining his roots, history, and the perspectives given to him by American society - he decided to make a much louder impact.

Hamet graduated with an engineering degree from the Florida Agricultural and Mechanical University. However, even this couldn’t motivate him to focus on his dad’s field of passion alone.

In fact, Hamet was born to be an investor, even in the early days of his career. He was much more of an entrepreneur and expert for managing business and capital than an engineer.

Combining both, he started “traveling” the world of start-ups and entrepreneurship, positively connecting people and ideas together. His best trait is his ability to recognize ideas with great potential in the tech industry.

Early Career Start

Even in his earliest career days, Hamet’s talent was undisputed. He was an advisor at Nielsen Media Research and helped them place their first cable TV on the marketplace.

His African roots pushed him to play the role of a General Partner in the New Africa Opportunity Fund, which was the first of its kind for post-apartheid funds in South Africa. Alongside Sloan Financial Group, he helped collect more than $120 million for the South African Opportunity Fund.

Hamet’s aspirations eventually led him to the doorstep of his first company, NextMedium, which re-imagined popular marketing and advertising ideas. Founded in 2004, the company had stellar success for 3 years. After that, Hamet thought it would be best to sell it to Newport Coast Investments in 2007 and make the big bucks.

After exiting his own company, Hamet found himself employed at Brand Affinity Technologies, where he became Entrepreneur-In-Residence at True Ventures.

In 2011, he co-founded MoviePass along with Stacey Spikes. This is an app that makes users money by letting them watch movies and shows. The money can be later spent at selected venues, like kiosks and theaters.

Hamet also founded a wellness company called bLife, which was acquired by Canary Health in 2015.

As we may conclude, Hamet is a pro at investing. He starts up businesses and then sells them for a lot of money, further branching out and investing more and more. And that’s when the idea for Share Ventures was born.

What Is the Venture Studio Model?

Before we dive more into Share Ventures, let’s discuss the business model it’s based on in a few sentences.

Venture investments or venture companies are the new-era investment funds that bring forth sustainability, equity, and equality in the world of innovation and business.

Venture studios lower the risk of financing a start-up by enabling multiple and efficient solutions, interconnecting dozens of backup solutions. They have a pre-built network of partners and investors, which can be either individual investors or further potential board members of the company they invest in.

Though the first American private venture equity companies are considered to have emerged in the post-war period in 1946 - American Research and Development Corporation. (ARDC) and J.H. Whitney & Company - the concept of venture capitalism in start-ups is a totally different branch born in the new millennia.

Launching Share Ventures

Before Share Ventures, Hamet tried to reinvent many branches of modern society. Eventually, he came to the idea of transforming one business model in particular - the venture studio business model.

Thus, Hamet founded Share Ventures in 2019, with headquarters in Los Angeles, California. The company was founded with a single and unique venture fund called Share Foundry I. The single-round venture raised $15 million back in March 2019.

Share Ventures offers efficient and sustainable assistance and a set of tools for building start-ups and scaling the venture business further. The SV studio’s team empowers further growth by providing business ideas and entire business concepts, focusing on every aspect from their development to actual realization.

Aside from venture funding, the company enables seed funding models and has a rich portfolio of strategic investment partners for different niches. The continuously-growing investor’s network acts as a stepping stone and force multiplier for many different business models.

Numerous influencers, individual investors, and business owners have used Share Ventures to scale their companies and remain the single founders and CEOs within their own businesses.

Share Ventures Aids Entrepreneurs in Leading Business Models

Some people still don’t even have a clear image of what entrepreneurship is or find it difficult to achieve the title of entrepreneur. Well, Hamet has managed to build a leading funding company catering specifically to this demographic on a global level.

Indeed, his idealism and concept of making ideas happen are truly unique.

Hamet focuses on all aspects - from available funds to actual tools and machinery, but mostly - the never-ending network of potential opportunities made available by the Internet.

And as an aspiring innovator, entrepreneur, and investor, Hamet still has a long way to go. He is just becoming popular for inspirational and motivational podcast episodes and guesting talk shows, aside from his busy everyday business meetings for potential fresh ideas.

Share Ventures Financials

Share Ventures is a venture capital firm, meaning it raises funds to aid aspiring business owners. So far, it’s had one venture fund, which accumulated $15M in March 2019.

It’s unclear whether there’ll be more than a single venture fund, as the owner of Share Ventures hasn’t disclosed such info to the public. However, it’s safe to say that future venture funds are vital for helping Share Ventures’ clients grow.

In short - we’ll likely see another venture fund soon.

Where Does Hamet Watt See Share Ventures in the Future?

Despite clearly focusing on his latest company, Share Ventures, Hamet hasn’t cut all his previous connections.

He manages to be the CEO of Share Ventures while serving as a Board Partner at UpFront Ventures. He is also a Senior Advisor at the Boston-based Consulting Group, Digital Ventures.

It’s safe to say that despite all his successes, Hamet likely has more tricks up his sleeve. His main goal is to further aid the growth of smaller companies with unique ideas and change the world for the better!