Startups you Didn’t Know your Favorite Celebrities are Investing in
It’s no longer diamonds, gold chains or fancy out-of-the-world cars. It’s all about the venture capitalist. Who can spot the big one from the bust. Ashton Kutcher to Justin Bieber, Tyra Banks to Jessica Alba, irrespective of age, sex and background, they all have their eye on the next big startup. Raltin looks at a few of these tech-savvy celebrity investments.
Airbnb | Uber | Skype | Fab | BloomThat | Casper | Foursquare
By far the most prolific celebrity tech investor, Ashton Kutcher has invested in everything from huge companies like Skype to small startups like Fab. Kutcher and Guy Oseary, along with billionaire Ron Burkle formed A-Grade Investments. Kutcher also co-founded A Plus, a viral media site that reportedly has nearly 50 million global monthly visitors since its launch in 2014.
Shots | Spotify | Stamped | GoogleVentures | Bain Capital
IN 2015, Bieber invested an undisclosed amount of money into ultra-popular music streaming service Spotify, which raised $400 million in 2015. He also invested in social curation app Stamped, alongside GoogleVentures and Bain Capital.
Lyft | Dropbox | Coinbase | Ring | LANDR
Over the years, Nasir Jones aka Nas has has amassed quite a substantial investment portfolio. Notably, his investment fund, QueensBridge Venture Partners, saw one of their recent startup investment Ring acquired by Amazon for $1.2 billion. The VC firm has made 128 investments into 118 companies spanning media, health care, retail, Bitcoin, and cyber security. Companies on its roster include Lyft, Dropbox, and the digital currency exchange Coinbase.
Uber | Bulletproof Coffee | Chef’s Cut Jerky | Wag!
With a knack for picking successful startups, Olivia Munn, actress and producer, was an early investor in ride-hailing startup Uber, and backed Silicon Valley’s Bulletproof Coffee. On-demand dog walking app Wag! said Munn has taken a stake in the company and will become its creative strategist.
Reddit | GameOn | Merry Jane | Eaze
Snoop Dogg's most notable investments include a stake in Reddit and a number of interests in America's legal marijuana industry having backed several cannabis startups including Merry Jane, LeafsBySnoop, FunkSac, and Eaze. Snoop Dogg has also invested in the free stock trading app Robinhood.
The Honest Company | Managed By Q | Headspace
Jessica Alba co-founded ethical skin care brand The Honest Company in 2011 partly with her own cash, giving her 20% equity and by 2015, Alba's company was valued at more than $1 billion, attaining unicorn status. Alba has also invested in mindfulness app Headspace, Honor senior home care and office cleaning service Managed by Q, three businesses that are thriving right now.
DocuSign | Headspace | Airbnb | Uber | Suja | CreativeLive
Jared Leto, actor and musician, has backed electronic signature service DocuSign and mindfulness app Headspace. He invested in Nest before Google bought it in 2014 for $3.2 billion, as well as Airbnb and Uber, Snapchat and Spotify. His other startup investments include Meerkat, Reserve and Reddit.
The Muse | VideoGram | TheSkimm
Tyra Banks, the mastermind behind America's Next Top Model, is proving to be quite the investor alongside her career as a supermodel for over 20 years. Through her investment firm Fierce Capital, she's had her hands in the two techie startups The Muse and VideoGram. Banks reportedly gave The Muse $1 million in seed money.
True Food Kitchen | Weight Watchers | Kraft Heinz Company
In 2015, she bought a 10% stake in Weight Watchers and received a seat on the board. She also has a partnership with Kraft Heinz Company for line of soups and frozen side dishes sold at grocery stores. Weight Watchers’ stock has since soared by 128%, popping with each of Winfrey’s weight-loss tweets.