Harman Patil

A Grade Investments

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Industry  Private equity
Headquarters  Los Angeles
Type of business  Private
Products  Venture Capital
Founded  2010
A-Grade Investments httpsuploadwikimediaorgwikipediaenthumb0
Website  www.agradeinvestments.com
Founders  Guy Oseary, Ashton Kutcher

A-Grade Investments is a venture capital firm founded in 2010 by actor Ashton Kutcher, entertainment manager Guy Oseary, and billionaire investor Ron Burkle to opportunistically 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 invested in private equity deals individually, but in 2010, they formed A-Grade Investments to invest in technology startups as a group.

Chris Hollod is a Partner at the firm and works directly with the founders to manage the fund.

In March 2016, Forbes released a very comprehensive article on A-Grade Investments entitled "How Ashton Kutcher And Guy Oseary Built A $250 Million Portfolio With Startups Like Uber And Airbnb." Ashton appeared on the cover of the magazine, which became the most-widely read issue in Forbes’ 99-year history. The Forbes article states that the team turned $30m into $250m, representing almost an 8.5x investment multiple.

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

In 2012 Kutcher, Oseary and Burkle decided to raise more money for A-Grade from several billionaires including David Geffen and Mark Cuban.

Investments

Among its portfolio companies, A-Grade has invested in Spotify, Uber, Shazam, Couple, Soundcloud, and Airbnb. The firm mainly takes part in Seed and Series A rounds.

The firm’s targets tend to be consumer-focused businesses that change the way consumers share information, or shake up traditional marketplaces.

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.”

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.”

Assets

  • Katango, acquired, 2011
  • GroupMe, acquired, 2011
  • Socialcam, acquired, 2012
  • Bufferbox, acquired, 2012
  • Summly, acquired, 2013
  • Nest, acquired, 2014
  • Gyft, acquired, 2014
  • SmartThings, acquired, 2014
  • References

    A-Grade Investments Wikipedia


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