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Ashton Kutcher Departs Sound Ventures to Launch New VC Firm with Morgan Beller

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Actor and investor Ashton Kutcher is leaving Sound Ventures, the firm he co-founded with Guy Oseary over a decade ago, to establish a new venture capital fund. Joining him in this new endeavor is Morgan Beller, a former general partner at NFX and a former partner at Andreessen Horowitz. This move, reported by the Wall Street Journal, does not indicate any issues at Sound Ventures, which has successfully invested in companies like Brex, Gusto, and early in OpenAI.

  • Kutcher's decision to leave arises from differing investment strategies; he wants to focus on early-stage startups, particularly in AI infrastructure, energy, and deep tech.
  • Sound Ventures, which is known for significant investments in category-leading AI labs, tends to back more established companies.
  • Ilya Strebulaev, a Stanford finance professor, highlighted Kutcher's track record of successful investments.
  • Despite his departure, Kutcher will remain as an adviser to Sound Ventures, as will Effie Epstein and Guy Oseary to Kutcher's new firm.
  • The name of the new fund has yet to be disclosed.