"Over $300B of venture capital dollars was invested in technology startups in 2021, less than $100M of investment dollars was invested in creators. Creators today are businesses, but no one's figured out how to help them realize their growth potential," said Michael Ma, CEO and co-founder at CreatorDAO. "It's an investment vacuum similar to the one that Y Combinator and angel investors filled for tech entrepreneurs 17 years ago."Emerging creators can apply to CreatorDAO, where those selected will be provided with the capital, mentorship, and technology needed to make better content and grow their audience. Creators that join the CreatorDAO will then share a percentage of their future earnings with the community treasury."CreatorDAO is leveraging the power of the creative community in a unique way, inspiring creators to invest in each other and leveraging the power of their craft," said Garry Tan, founder and managing partner at Initialized Capital. "Having the ability to share in their peers' success incentivizes creators to collaborate and support each other, creating network effects and contributing to the overall community's body of work.Today, the Creator economy is one of the fastest growing industries with an estimated 50M individuals identifying as creators in 2022. CreatorDAO is currently accepting applications from YouTubers for early DAO membership."I love to use my platform with 11:11 Media to lift up other artists, and this is a way to do it on a much bigger scale," said Paris Hilton, an early investor and a member of the DAO."The creator class now sets culture. It's thrilling to see web3 playing a bigger role in ensuring that the next generation of creators are both compensated and mentored so the community can flourish," said Sriram Krishnan, General Partner at a16z crypto. "I'm excited to be a part of CreatorDAO both as an investor and a mentor, and I can't wait to see what the future holds."For creators interested in getting early access into CreatorDAO, please visit creatordao.com. About CreatorDAO CreatorDAO is a decentralized autonomous organization (DAO) focused on accelerating the careers of creators and empowering them with shared access to capital, technology, and community. CreatorDAO offers creators access to mentorship, professional tools needed to grow their brands, and a community invested in each other's success. To learn more about CreatorDAO, please visit creatordao.com.SOURCE CreatorDAO