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.
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