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American actor Ashton Kutcher is not only dedicated to the entertainment sector. He has also invested his money in technology startups. He is most Known for investing in Uber and Airbnb. But he has also invested money in several other startups.
He managed to turn a $30 million fund into $250 million in six years, to making early bets on Uber and Airbnb. Isn’t it a successful movement?
Ashton Kutcher in 2010 founded with Guy Oseary and Ron Burkle a venture capital firm, A- Grade Investments. The headquarters of the company are in Los Angeles. The main reason the three men formed A- Grade Investments was to invest to technology startups as a group. A-Grade Investments is reportedly worth the amount of $250 million.
In this way they made their investments in Uber and Airbnb. As it became known, they managed to multiply 30 million euros to 250 million euros. In addition to Uber and Airbnb, the company has also invested in Spotify, Shazam, Couple, SoundCloud and Muse.
Ashton Kutcher also owns Sound Ventures. Sound Ventures is a fund that in November 2020 has revealed its plans to raise a third fund at $150 million. The same total was raised as a second fund in 2018. It is said that Ashton Kutcher has investments in over 60 companies.
The famous actor participated in several technology companies as an employee. For example, he worked in Lenovo as a product engineer and was a member of the management team at the technology startup Ooma, which was launched in September 2007. His investments were extended to two restaurants. In Italian Dolce and Japanese named Geisha House with locations in Atlanta, Los Angeles, and New York City.
Surely he would not have expected that he would be able to make so much money not only as an actor but also as an investor. When he was young he worked to make money. He usually mowed the lawn in gardens and washed dishes. At the age of 13 he bought his first snowmobile. He worked after school and on the weekends for a year and a half, so he raised $ 1,400 to buy the snowmobile. From a young age he seemed not afraid of hard work and was willing to work hard to make money.
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