
Episode #22
The VC Behind Your Favorite Celebrity Brand - Scott Van den Berg on HotStart's Investment Thesis
Everyone wants a celebrity co-founder. Almost nobody knows how to structure that deal without blowing up their company. Scott van den Berg is the founder of Hot Start (formerly Influencer Capital), a venture fund that exclusively invests in and builds brands with celebrities and creators. Before this, Scott worked at an investment bank helping European startups raise US capital, which is where he first started brokering equity deals between celebrities and consumer brands, years before "celebrity equity" became a buzzword. In this episode, Scott breaks down why fame is not a business model, why JLo's alcohol-free cocktail line collapsed while a creator with 2 million followers built a $40M hair care brand in her first year, and why the best celebrity brands are always product first, never celebrity first. We also get into: Why follower count means nothing without "authentic creator product fit" The real story behind Sasha Pieterse joining Hot Start and investing in Hydrant Why Hot Start's due diligence looks at product and team before it ever looks at the celebrity How equity splits actually work, from ambassador deals to true co-founders Why "you need to date before you get married" when bringing a celebrity onto your cap table Why CPG celebrity brands cap out around a billion dollars, and why tech is the next frontier Hot Start's first company already incubating with 20 creators on the cap table If you've ever wondered whether attaching a celebrity to your brand is genius or a trap, this one lays out exactly how the smartest operators in the space actually think about it. Connect with Scott van den Berg: https://www.linkedin.com/in/scott-van-den-berg-22b534150/ Visit HotStart: https://hotstart.vc Listen to The HotStart VC Podcast: https://open.spotify.com/show/5u8fxPrbmH0RjqhTv0ZDBG Subscribe to The Fame Game newsletter: https://hotstart.beehiiv.com/ Connect with Connor Macpherson: https://www.linkedin.com/in/connor-retail/ Connect with Luke Anthony: https://www.linkedin.com/in/luke-anthony--394052131/ Powered by Plus Forty: http://plusforty.co/ Book a call with Plus Forty: https://calendly.com/d/cr89-stz-hcy/shared-booking-link






