A-Grade Investments

Last updated
A-Grade Investments, LLC
Company type Private
Industry Venture capital
Founded2010;14 years ago (2010)
Founders Ashton Kutcher
Guy Oseary
Ron Burkle
Headquarters Los Angeles, California, U.S.
Products Investments
AUM $145 million [1]
Website www.agradeinvestments.com

A-Grade Investments, LLC is a venture capital firm founded in 2010 by actor Ashton Kutcher, entertainment manager Guy Oseary, and billionaire investor Ron Burkle to invest in technology start-up companies. The company is headquartered in Los Angeles, California.

Contents

Founding and partners

Ashton Kutcher, Guy Oseary, and Ron Burkle had invested in private equity deals individually, then, in 2010, formed A-Grade Investments to invest in technology startups as a group. [2]

In 2012, Kutcher, Oseary and Burkle raised additional capital A-Grade from several billionaires, including David Geffen and Mark Cuban.[ citation needed ]

On May 1, 2013, onstage at TechCrunch Disrupt NYC, Kutcher and Oseary confirmed rumors that the fund was valued at over $100 million. [3]

In March 2016, Forbes published a comprehensive article on A-Grade Investments, entitled "How Ashton Kutcher And Guy Oseary Built A $250 Million Portfolio With Startups Like Uber And Airbnb," [4] with Kutcher appearing on the cover of the magazine, which became the most-widely read issue in Forbes’ 99-year history. [5] The Forbes article states that the team turned $30m into $250m.

Investments

Among its portfolio companies, A-Grade has invested in Spotify, Uber, Shazam, Couple, SoundCloud, Muse, and Airbnb. [3] The firm mainly takes part in Seed and Series A rounds.[ citation needed ]

The firm’s primary targets are consumer-focused businesses that change the way consumers share information, or that disrupt traditional marketplaces. [6]

In a 2011 interview with The New York Times , Kutcher said, “I look for companies that solve problems in intelligent and friction-free ways and break boundaries.” [7]

In a 2013 interview with The Daily Telegraph , Kutcher said, “If we can create efficiencies in that which is mundane, then we accelerate our paths to happiness. The companies that will ultimately do well are the companies that chase happiness. If you find a way to help people find love, or health or friendship, the dollar will chase that.” [6]

Exits

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References

  1. 2022 Form ADV
  2. Hampp, Andrew. "Guy Oseary and Ashton Kutcher's A-GRade Receives $100 Million Valuation". Billboard.com. Retrieved 16 August 2014.
  3. 1 2 Dillet, Romain (2013-05-01). "Ashton Kutcher's A-Grade Fund Raising At $100 Million Valuation". Techcrunch.
  4. Greenburg, Zack O'Malley. "How Ashton Kutcher And Guy Oseary Built A $250 Million Portfolio With Startups Like Uber And Airbnb". Forbes. Retrieved April 19, 2016.
  5. Lane, Randall. "Under 30 Summit: Ashton Kutcher Just Kicked Off Greatest-Ever Competition For Young Entrepreneurs". Forbes. Retrieved August 15, 2016.
  6. 1 2 Rushton, Katherine (2013-12-28). "Ashton Kutcher reveals the art of technology investment". The Daily Telegraph .
  7. Wortham, Jenna (2011-05-25). "An Actor Who Knows Start-Ups". The New York Times .
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