Freelance Writers: How To Pitch Crunchbase News, VCs Say Lessons From COVID-19 May Push Funding, Dealmaking Past Political Uncertainty, Want To Take Your Startup Public? But it would soon grow more substantial once the judges of the PerfectPitch competition, at Austin’s SXSW, stepped inside the glass-walled kitchen of the Hotel Van Zandt to pick the winner. “You need to paint a picture. Sound Ventures is a principal investment firm. I lead Forbes' CEO Network and cover the Forbes Under 30, technology, entrepreneurs, billionaires and Venture Capital. They’ve also seen exits through the acquisition of investments such as Nest, SmartThings, and Socialcam, among others. It was a lot more artificial than it was intelligent.”. In addition to Kutcher’s Sound Ventures, the new funding round was led by Thayer Ventures, Tiger Global and JLL Spark. Effie Epstein. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. You are viewing your complimentary article.Subscribe to get unlimited access. How did Liebman nail her pitch? With a more formal venture fund, Kutcher and Oseary will be able to write bigger checks, invest in later-stage startups, and also put more money into investments that raise follow-on rounds. Allison Silvers. Celebrities are no strangers to the world of entrepreneurship and venture capital investing. Oseary, a music industry talent manager who has turned investor, previously partnered with Kutcher on a prior investment outfit called A-Grade Investments. “But that wasn’t artificial intelligence. Ashton Kutcher General Partner at Sound Ventures. Beverly Hills, CA. Most people probably know Ashton Kutcher for his success in television and film, but he’s not-so-quietly also become a pretty successful investor in startups as well. This list of organizations invested in by Sound Ventures provides data on their funding history, investment activities, and acquisition trends. Forethought CEO Deon Nicholas knows you’re probably sick of hearing about chatbots. Sound Ventures had initially set the prize for a $100,000. Ashton Kutcher. All Rights Reserved, This is a BETA experience. There, gathered among the industrial ovens and rows of pots, judges Ashton Kutcher and Guy Oseary (Sounds Ventures), Marc Benioff (Salesforce), Melody McCloskey (StyleSeat), Gary Vaynerchuk (Vayner Media) and Matthew McConaughey (Alright, Alright, Alright) debated over which founder should win the check. “I’ve always been a builder, so if that’s what I can do for the world, then I’m going to do that and make waves while I’m at it.”, I'm a senior editor at Forbes covering venture capital, cloud and enterprise software out of New York. What It Actually Costs To IPO, Aryaka CEO Matt Carter On What’s Driving Surge in Demand For Private Network Services, The Briefing: Calif. Gig Workers May Remain Contractors, Twitter, Facebook Battle Election Misinfo, And More, PayPal-backed Zeal Capital Partners Starts First Fund, Unicorns Get More Magical: 2020 Cohort Shows Huge Increase In Valuation On IPO Day, The Briefing: SoftBank Vision Fund Execs Depart, Conductor Raises $150M, And More, The Briefing: REEF Raises $700M, Ozon Files For IPO, And More, Antidilution: The Other Way VCs Take More Of Your Startup’s Equity, How Pro Rata Works In Venture Capital Deals, Cap Tables, Share Structures, Valuations, Oh My! What has made Forethought resonate with customers—nameable ones are mostly in tech, too, like Carta, Gusto and Masterclass—is software that plugs into a company’s sales and customer service software to learn how past issues were resolved and better predict what an individual ticket might be about. Sound Ventures held the event at Austin’s SXSW festival to meet founders outside their usual targets of L.A., San Francisco, and New York. You may opt-out by, Covering venture capital, software and startups, EY & Citi On The Importance Of Resilience And Innovation, Impact 50: Investors Seeking Profit — And Pushing For Change. Crunchbase is the leading destination for millions of users to discover industry trends, investments, and news about global companies–from startups to the Fortune 1000. Most people probably know Ashton Kutcher for his success in television and film, but he’s not-so-quietly also become a pretty successful investor in startups as well. Maaria Bajwa. Kutcher began his career as a model before joining the Fox sitcom “That ’70s Show.” He has starred in numerous TV shows and movies. I edit the Midas List, Midas List Europe, Cloud 100 list and 30 Under 30 for VC. Total number of diversity investments made by an investor, Total number of current team members an organization has on Crunchbase, Descriptive keyword for an Organization (e.g. Sound Ventures is a venture capital firm founded by Ashton Kutcher and Guy Oseary. A-Grade Investments struck venture deals with a number of companies you probably have heard of, including Uber (A-Grade participated in its $1.3 million angel round in 2010), Airbnb (in that company’s Series B and Series C rounds), Casper, Product Hunt, and many others. “So often everything in tech is … There, a clear winner emerged. “It’s a headache so many of our portfolio companies have, because with everything becoming 24/7, customer service has to be 24/7. Ashton Kutcher. Salesforce founder Marc Benioff decided to match--giving Liebman both an investment of $400,000 and a set of influential mentors who can help LearnLux scale. “It’s hard to write a two-minute pitch because there are one million parts to your business and you need to share what you think will resonate most,” says Liebman. Of course, Kutcher and Oseary aren’t new to that game. So successful, in fact, that Kutcher and investment partner Guy Oseary have convinced a group of limited partners to put money into a new fund called Sound Ventures. Podcast Host and Founder of the Forbes Opportunity. While taking a private company to the public markets is a big deal that comes with much fanfare at the stock exchanges and in the financial press, it... Cunchbase News sat down with Aryaka CEO Matt Carter to learn more about the demand the company is seeing, consolidation in the industry, and how a... Crunchbase News' top picks of the news to stay current in the VC and startup world. startup Jane.ai), Rebecca Liebman (financial education company LearnLux), Thomas Doochin (charitable gifting company Daymaker), Maria Yuan (legislation platform IssueVoter), and Michael Rucker (AR/VR ad company Omnivirt). Ashton Kutcher has been fighting against human trafficking and saved the lives of over 6,000 children. Investors have noticed: Forethought announced on Wednesday it’s raised $17 million in a Series B funding round from previous investor NEA, Sound Ventures, Neo, Geodesic Capital and Operator Collective, alongside high-leverage individuals including Qualtrics CEO Ryan Smith, Sean “Diddy” Combs and LL Cool J. Jack Enright. A leading venture capital firm formed by Ashton and Guy Oseary in 2015, Sound Ventures has seemingly been pulling the strings of all the right companies. Tonight at SXSW, Kutcher and Oseary are launching the new fund with a party at the Copper Restaurant and Lounge in downtown Austin. Allison Silvers Early-Stage Investor | Advisor to Startups . A former engineer at Dropbox and Pure Storage, Nicholas launched Forethought with ex-LinkedIn engineer Sami Ghoche in 2018, both appearing on the Forbes 30 Under 30 list for enterprise tech for the following year at the ages of 25 and 24. Fort d'une centaine d'épisodes, ce podcast interviewe les venture capitalistes les plus performants du monde pour donner des conseils pointus à tous les investisseurs ! Bill Gates. Now the founders, and the hundreds in the audience, waited to see who would take home the trophy (in this case an over-sized, ceremonial check). Considering their early success, having the ability to double down on the startups that worked out could mean bigger returns for everyone involved. Why does this issue matter, and why are you solving it?” says Epstein. At his three-year-old startup, however, Nicholas says that the tools are built differently from the ground up. “Great entrepreneurs have a broad set of experience that differentiates them, and their perspective on the world, and how they build companies.”, Before the event, Sound Ventures Managing Partner Effie Epstein coached each founder and honed their pitches. And it gets more complicated when everything is on-demand and everything is at your fingertips,” Kutcher says. Kutcher and Oseary started Sound Ventures around 2015 to take a more formalized approach to venture investing, according to a TechCrunch article from the time. Sound Ventures brought on Effie Epstein as a managing partner and chief operating officer for the firm in 2017.