It is possible to earn big money in technological startups, which has created a brand new kind of angel investor in the Silicon Valley - Hollywood Angels. Musicians, actors, and athletes stumble over each other to invest in startups in the hope that they will be hit in this process. Ashton Kutcher is known for its history of making first bets on startups like Spotify and Uber. Jay-Z is partly thankful for his technology investments worth billions of dollars. Jay-Z, Serena Williams, and Katy Perry have teamed up to invest in Impossible Foods, a company that replaces billions of dollars in vegetarian meat replacement. We'll show you some celebrities who know where to invest.
Name of fund: A-Grade Investments, Sound Ventures
Notable investments: Airbnb, Uber, Casper mattresses
Over the past decade, Ashton Kutcher has poured more than $3 billion into various startups as both a founding partner and angel investor. He got in early on Uber, Airbnb, Skype, and Spotify. A-Grade Investments has grown into a $250 million fund.
Name of fund: Queensbridge Venture Partners
Notable investments: Philz Coffee, Casper mattresses, Ring
Nas has been investing in tech startups since 2007 and has put more than a billion dollars into a number of different companies. He's had great success as well, two of the companies he invested in Ring and PillPack, were acquired by Amazon.
Name of fund: Liquid 2 Ventures
Notable investment: Lambda School
Lately, legendary San Francisco 49ers quarterback Joe Montana has gotten involved in the cannabis industry, He personally invested in dispensary Caliva's Series A funding round.
Name of fund: Melo7 Tech Partners
Notable investments: Mophie, Myro
Carmelo Anthony founded the venture fund Melo7 Tech Partners. He focuses on companies in digital media and esports.