MC Hammer Says He Hopes To Inspire Minority Entrepreneurs

Hammer plans a summer mentoring program in the Bay Area.

MC Hammer has been in the business for over two decades. And since his time as a chart topping hit-maker ended he has focused on being an entrepreneur investing in several different tech companies, most based in his native California. Now the Wall Street Journal is reporting that Hammer, who was born Stanley Burrell, is planning to dole out some advice to fellow entrepreneurs.

The nine week program, which will begin June 16, will focus on exposing minority and female business people to the ever expanding tech industry. Seven of these minority entrepreneurs will live together in a house in Silicon Valley. Hammer was contracted by New Media Entrepreneurship, which specializes in advising minority business owners. Hammer will be joined in his advisory duties by executives at such hot companies as Twitter and Foursquare.

The rapper says he plans to be open and available for his pupils, saying, “Hollywood is in the perception business where you create layers to create mystery. In Silicon Valley it’s about taking away the layers to get to the substance.” Hammer gave the Wall Street Journal a little preview of the tips he plans to dole out this summer. He advises, “You don’t have to invent the wheel, but you might want to be the company that invents the rims.” To learn more about the program visit New Media Entrepreneurship’s website.

15 Comments

  • Wayne

    Hello, I'm one of the organizers of the New Media Accelerator mentioned in the post. While we appreciate the coverage, sadly some of the information in the post is incorrect. Here's more information about the New Media Accelerator and Hammer's role. The New Media Accelerator is founded by Angela Benton and Wayne Sutton MC Hammer is one of 30 speakers and mentors from successful startups like Twitter, Foursquare, Zynga and Path along with venture capital firms to give not finical advice but entrepreneurship advice to startups. We're excited that Hammer will be joining the list of successful entrepreneurs but he was not contracted by New Media Entrepreneurship. The Accelerator is from June 16 - August 18, 2011 You can see a full list of speakers and mentors on the New Media Accelerator website linked in the article.

  • Wayne

    Hello, I'm one of the organizers of the New Media Accelerator mentioned in the post. While we appreciate the coverage, sadly some of the information in the post is incorrect. Here's more information about the New Media Accelerator and Hammer's role. The New Media Accelerator is founded by Angela Benton and Wayne Sutton MC Hammer is one of 30 speakers and mentors from successful startups like Twitter, Foursquare, Zynga and Path along with venture capital firms to give not finical advice but entrepreneurship advice to startups. We're excited that Hammer will be joining the list of successful entrepreneurs but he was not contracted by New Media Entrepreneurship. The Accelerator is from June 16 - August 18, 2011 You can see a full list of speakers and mentors on the New Media Accelerator website linked in the article. Thanks

  • Wayne Sutton

    Hello, I'm one of the organizers of the New Media Accelerator mentioned in the post. While we appreciate the coverage, sadly some of the information in the post is incorrect. Here's more information about the New Media Accelerator and Hammer's role. The New Media Accelerator is founded by Angela Benton and Wayne Sutton MC Hammer is one of 30 speakers and mentors from successful startups like Twitter, Foursquare, Zynga and Path along with venture capital firms to give not finical advice but entrepreneurship advice to startups. We're excited that Hammer will be joining the list of successful entrepreneurs but he was not contracted by New Media Entrepreneurship. The Accelerator is from June 16 - August 18, 2011 You can see a full list of speakers and mentors on the New Media Accelerator website linked in the article. Thank you

  • Wayne Sutton

    Hello, I'm one of the organizers of the New Media Accelerator mentioned in the post. While we appreciate the coverage, sadly some of the information in the post is incorrect. Here's more information about the New Media Accelerator and Hammer's role. The New Media Accelerator is founded by Angela Benton and Wayne Sutton MC Hammer is one of 30 speakers and mentors from successful startups like Twitter, Foursquare, Zynga and Path along with venture capital firms to give not finical advice but entrepreneurship advice to startups. We're excited that Hammer will be joining the list of successful entrepreneurs but he was not contracted by New Media Entrepreneurship. The Accelerator is from June 16 - August 18, 2011 You can see a full list of speakers and mentors at : newmeconference dot com Thank you

  • Wayne Sutton

    Hello, I'm one of the organizers of the New Media Accelerator mentioned in the post. While we appreciate the coverage, sadly some of the information in the post is incorrect. Here's more information about the New Media Accelerator and Hammer's role. The New Media Accelerator is founded by Angela Benton and Wayne Sutton MC Hammer is one of 30 speakers and mentors from successful startups like Twitter, Foursquare, Zynga and Path along with venture capital firms to give not finical advice but entrepreneurship advice to startups. We're excited that Hammer will be joining the list of successful entrepreneurs but he was not contracted by New Media Entrepreneurship. The Accelerator is from June 16 - August 18, 2011 You can see a full list of speakers and mentors here: newmeconference.com/speakers-mentors/ Thank you

  • Wayne Sutton

    Hello, I'm one of the organizers of the New Media Accelerator mentioned in the post. While we appreciate the coverage, sadly some of the information in the post is incorrect. Here's more information about the New Media Accelerator and Hammer's role. The New Media Accelerator is founded by Angela Benton and Wayne Sutton MC Hammer is one of 30 speakers and mentors from successful startups like Twitter, Foursquare, Zynga and Path along with venture capital firms to give not finical advice but entrepreneurship advice to startups. We're excited that Hammer will be joining the list of successful entrepreneurs but he was not contracted by New Media Entrepreneurship. The Accelerator is from June 16 - August 18, 2011 You can see a full list of speakers and mentors here: http://www.newmeconference.com/speakers-mentors/ Thank you

  • Bobby Thomas

    MC. Hammer is by far the Best Rapper Ever, lyricaly he is better than Eminem,Jayz, and Nas, and his album sold the best,but people hate on him, because he is the best,U.S.A. song he did, back in the day is a classic, i remember when they played that song in the clubs in newyork, people were booing, but i was the only one gettin hype to it and enjoying the song, people be hating hard. 1.MC Hammer, 2.Camron, 3. Craig Mack, 4.Lil Twist, and 5.Somaya Reece are the Greatest Rappers eVER, NO doubt, if you dont agree, then you are a hater, foreal.

  • edubb1977

    Why the fuck is there all the hate for Hammer?!!!! At least the brotha is trying to do something positive to help out fellow people of color. This has nothing to do with him going broke, selling out, or any of that bullshit. I dont see any of you trying to help people of color come up in this fucked up economy that we live in. I guess if Hammer was promoting some illuminati cloned MC rapping about killing niggas, fuckin bitches, and getting high all fuckin day I guess that would be cool?!!! Some of you need to Grow and WAKE the fuck up!!!!!

  • YoungCosby

    Hammer is not the only millionaire to have gone bankrupt and then came back to gain financial wealth. Look at Francis Ford Copolla. He went broke and came back when he made The God Father trilogy. So should nobody take advice from him when it comes to movies? Or look at Henry Ford. He modernized an entire auto industry. He lost tons of money and also went bankrupt, so should nobody from that point on make cars or take advice from him? You can NEVER succeed until you have failed at what you're trying.

  • Anonymous

    whats next a book on this shit...its should be called SELL OUT

  • whowho

    Inspire us not to go broke!

  • Charles 'Louie C' Rose

    this article got irony written all over it

  • Nico 3

    Whoever takes advice from a dude who blew through millions is the same sucker who will look to buy a beach house in Alaska.

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