Sunday, May 29, 2011

An Actor Who Knows Start-Ups

Ashton Kutcher, a former model, rose to fame in Hollywood by playing a handsome ditz in “Dude, Where’s My Car?” and on “That 70s Show.” But in certain circles, people know that he is no dummy when it comes to technology.

In recent years, Mr. Kutcher has become a smart early investor in some of the most talked-about Internet start-ups, including Foursquare, the mobile social network; Path, a photo-sharing application; and Flipboard, a news-reading app for the iPad.

He has also clearly mastered the utopian lingo of Silicon Valley: “I look for companies that solve problems in intelligent and friction-free ways and break boundaries,” he said in an interview this week.

It is too early to say how Mr. Kutcher’s approach will pay off, but one of his investments has clearly jumped in value. He was part of a group of investors that bought into the Internet calling service Skype in 2009 in a deal that valued it at $2.75 billion. Last month, Microsoft agreed to buy Skype for more than three times that amount.

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