How Ashton Kutcher built a Silicon Valley investing career - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Ashton Kutcher is Hollywood's most active Silicon Valley investor. Here's how he built a lucrative investing career, from making an early bet on Uber to turning a $30 million fund into $250 million.

. Kutcher was studying biochemical engineering at the University of Iowa when he was scouted as a model, which ultimately let to his break in the acting world.Today, at age 41, Kutcher has invested more than $3 billion into startups and participated in 177 funding rounds over the past decade.

that he was particularly drawn to consumer technologies."The companies that will ultimately do well are the companies that chase happiness," he said."If you find a way to help people find love, or health, or friendship, the dollar will chase that." Kutcher's foray into angel investing kicked off when he founded production company Katalyst in 2000, which led to Silicon Valley connections.Kutcher poached Katalyst's digital chief from TechCrunch, who introduced him to the big names in Silicon Valley,."I spent 90% of my time just listening," Kutcher told him.

Kutcher soon became familiar with the tech scene. In 2009, at the request of billionaire Marc Andreessen, he invested $1 million into Skype — 18 months before Microsoft bought the company and quadrupled the value, according to O'Malley Greenburg. But Kutcher said his investing career hit a new level after reaching out to Silicon Valley angel investor Ron Conway for mentorship.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I love his show the ranch

“It takes money to make money”! Regular people don’t get tips from savvy investors with inside info

Don’t understand why he spent so many years with a woman he knew was gonna dump anyway! WIERD

Holy shit he looks like GabrielMacht from this angle

Good for Aston investing and taking a chance on Uber! Aston don't get to cocky and take. Are of your bundle of $$$.

That's really good 👍

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Servier Pharmaceuticals CEO David Lee shares career advice - Business InsiderServier Pharmaceuticals CEO David Lee told Business Insider how he advanced his career using 3 key tools: results, reputation, and relationships. Clickbait.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Business Insider is seeking nominations for 2020 Logistics Disruptors - Business InsiderBusiness Insider is publishing its inaugural Logistics Disruptors list. And we want to hear from you.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Super Bowl LIV highlights NFL's pay-TV power - Business Insider - Business InsiderSuper Bowl ad prices hit new heights this year, and along with the more expensive ads, viewership rebounded to 102 million across all platforms.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Elon Musk is hiring at SpaceX, which is hosting a career day Thursday - Business InsiderElon Musk is looking to hire engineers, supervisors, and technicians for his rocket company's Starship project.
Source: BusinessInsider - 🏆 729. / 51 Read more »