Actor and venture capitalist Ashton Kutcher describes his hands-on approach to evaluating investments.
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“Like when I invested in Airbnb, I went and lived in Airbnbs for six months.”
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More from Ashton Kutcher
Opinion
Kutcher: Traditional VC fund ownership demands are becoming increasingly egregious
“A lot of funds have these mandates about How much of a company they need to own to make the investment of value to them, and oftentimes I see those ownership percentages becoming, especially now, just becoming more and more egregious, where funds want to own a…”
Ashton KutcherFeb 17, 2020▶ 27:2720VC: Ashton Kutcher on Early Lessons From Investing in Airbnb and Spotify, Why VC Ownership Requirements Are Becoming More and More Egregious & What Being Good At Product Truly Means
PredictionNot checkable as stated
Kutcher predicts many celebrity investors entering venture capital will lose money
“I think a lot of people are going to lose money.”
Ashton KutcherFeb 17, 2020▶ 33:4420VC: Ashton Kutcher on Early Lessons From Investing in Airbnb and Spotify, Why VC Ownership Requirements Are Becoming More and More Egregious & What Being Good At Product Truly Means
Opinion
Kutcher: Future internet builders are perpetually young college graduates
“I believe that the people who are creating the future of the internet are perpetually young. They're coming out of college. They're seeing what's on the fringe of technology and capability.”
Ashton KutcherFeb 17, 2020▶ 8:0220VC: Ashton Kutcher on Early Lessons From Investing in Airbnb and Spotify, Why VC Ownership Requirements Are Becoming More and More Egregious & What Being Good At Product Truly Means
Disclosure
Kutcher sources deals by asking Twitter followers for home screen screenshots
“And I've actually like solicited my entire Twitter audience at times. Like, Hey, can you send me a snapshot of your home screen? I'd like to see what you're using, you know? And then I just run pattern recognition across thousands or hundreds of home screens. …”
Ashton KutcherFeb 17, 2020▶ 14:1620VC: Ashton Kutcher on Early Lessons From Investing in Airbnb and Spotify, Why VC Ownership Requirements Are Becoming More and More Egregious & What Being Good At Product Truly Means
Opinion
Kutcher: Sound Ventures faces no direct competition from other VC funds
“I don't think there are other competitive VC funds to us. And it's why other very big VC funds love to work with us and love having us on the cap table to help the companies that they're investing in.”
Ashton KutcherFeb 17, 2020▶ 25:3620VC: Ashton Kutcher on Early Lessons From Investing in Airbnb and Spotify, Why VC Ownership Requirements Are Becoming More and More Egregious & What Being Good At Product Truly Means
Disclosure
Kutcher: I do not personally track Sound Ventures' investment returns
“We have folks in our team that are, it's their job to track the returns. I've never been one to track returns.”
Ashton KutcherFeb 17, 2020▶ 30:5420VC: Ashton Kutcher on Early Lessons From Investing in Airbnb and Spotify, Why VC Ownership Requirements Are Becoming More and More Egregious & What Being Good At Product Truly Means
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