On the eve of Asian American & Pacific Islander (AAPI) Heritage Month, Gold House partnered with Nasdaq to host the Gold Power Summit, showcasing the AAPI community’s impressive achievements. Key statistics showed the significant presence of AAPI cofounders in recent IPOs and Asian venture capitalists on the Forbes Midas List, many of whom are also part of Gold House. The summit included a Nasdaq Closing Bell ceremony and illuminated buildings across the globe in gold lights to celebrate AAPI Heritage Month. Gold House CEO Bing Chen emphasized the importance of diversity and representation at the Milken Global Conference, marking a turning point for the AAPI community.
Gold House’s ecosystem, dubbed “Blueprint 3,” focuses on mass media change through initiatives like Gold Open, economic empowerment through Gold House Ventures, and unity across generations with Gold House Futures. The organization aims to amplify AAPI stories, community, businesses, and unity to create a more equitable and inclusive society. The successful Gold Open platform has led to the box office success of numerous AAPI-led films, underscoring the importance of authentic and prominent representation in the media and entertainment industries.
The AAPI community has historically been overlooked, lacking visibility, recognition, and representation. At the Gold Power Summit, speakers emphasized the importance of sharing stories and advocating for issues like the #StopAsianHate campaign. The summit highlighted the need for media and fiction storytellers to portray AAPI achievements, aspirations, and community support during challenging times. The event showcased successful AAPI founders and investors like Melanie Perkins, encouraging AAPI female founders to realize their potential for success.
Gold House’s Gold Open platform has played a pivotal role in promoting powerful portrayals of the AAPI community in Hollywood, resulting in box office successes for AAPI-led films like “Crazy Rich Asians” and “Shang-Chi and the Legend of the Ten Rings.” Gold House’s influence has expanded to consulting for advertising agencies, video game publishers, and Broadway, as well as supporting AAPI talent in music, television, and independent film industries. Building on its success, Gold House continues to collaborate with major media firms to provide opportunities and mentorship for emerging AAPI artists.
The AAPI community faces challenges such as the model minority myth, which perpetuates stereotypes and limits opportunities for AAPI leaders. Despite this, AAPI entrepreneurs have founded some of the world’s most successful businesses, including companies like LinkedIn, YouTube, and Zoom. However, AAPI founders, particularly females, face barriers in funding and representation in the startup ecosystem. Gold House’s initiatives like Gold Rush and Gold House Ventures aim to empower AAPI entrepreneurs to succeed independently and dismantle systemic barriers to capital funding.
Looking towards the future, Gold House launched Gold House Futures to support emerging AAPI creatives, entrepreneurs, and social impact leaders. The initiative aims to blend creativity and business in investment and distribution pipelines, providing investment, amplification, and community support for the next generation of AAPI leaders. Gold House’s vision for “The Blueprint 3” seeks to unite industries, convene communities, and celebrate the strength and diversity of the AAPI community. By empowering AAPI voices and showcasing their achievements, Gold House aims to reshape culture and build a more inclusive and equitable future for all.
