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2025-01-23
Becoming a venture capitalist has become the latest status symbol in Hollywood. Everyone these days, from Olivia Wilde to Emma Watson, is either launching a venture firm or is in the process of backing the next hottest company. Robinhood, Uber, and Klarna all have some glitzy names on their cap tables, paving the way for the rise of “Hollywood angels.” For founders, having celebs on the cap table can bring a lot of buzz to the startup — and bonus points if the celeb knows what they are doing, too. Here are some of the top celebs investing and what they typically look to invest in. (This list will be updated periodically). Snoop Dogg The famous rapper and personality is a prolific angel investor and is also a founder of Casa Verde Capital, a firm focused on cannabis investments. As an angel investor, according to PitchBook, he’s backed companies such as Cameo, Reddit, Klarna, Robinhood, and the fintech MoonPay, alongside other celebs on this list. He’s made at least 26 investments, according to PitchBook. The managing partner of Casa Verde Capital is Karan Wadhera and the firm closed a $94 million Fund II in 2020. Sara and Erin Foster The Foster sisters are two of Hollywood’s most famous siblings, best known these days as the producers of the Kristen Bell Netflix show “Nobody Wants This.” They launched a venture firm in 2022 looking to raise $20 million to back consumer companies, and the fund has officially closed, their reps confirmed to us. They know the consumer area well: They already have a podcast, a clothing line, and a hit television show. PitchBook shows the firm, which they run alongside business partner Phil Schwarz, has written at least six checks, including into companies like the diaper brand Kudos (alongside Gwyneth Paltrow) and the luxury boxed wine company Juliet . As angel investors, the sisters have also invested in the alkaline water company ZenWTR. Sara is also an angel investor in the swimwear company Summersalt and the ear-piercing startup Rowan. Kevin Hart A few years ago, comedian Kevin Hart launched a venture firm, HartBeat Ventures, alongside Robert Roman, an investor with a background in financial management for entertainment and sports celebrities. The firm was founded around 2021 with the mission to support minority and underrepresented founders . It received its first outside investment from J.P. Morgan as part of one of the bank’s initiatives to fund more firms led by women and people of color. The firm has invested in at least 14 companies, according to PitchBook, including the art marketplace Masterworks, the 3D printing company Ready Player Me, and Rihanna’s Savage x Fenty lingerie line. Tashi Nakanishi and Walid Samaha are partners at the firm, according to LinkedIn, while Ron Everline serves as vice president. HartBeat Ventures began raising its Fund I in 2022 with no target amount. As of January 2024, it has raised at least $28 million, according to an SEC filing from January. An October SEC filing also shows that HartBeat is trying to raise capital for what seems to be an SPV looking to invest in Aston Martin’s Formula One car racing team. Paris Hilton The famed socialite is also an angel investor, according to PitchBook. She has made investments through her company 11:11 Media, of which she is the CEO and co-founder. Her investments have included the crypto company MoonPay , the biotech company Colossal Biosciences, the community event platform AfterParty, and the podcast platform Fireside Chats. The theme for her seems to be social platforms, biotechnology, and SaaS products that make consumer life easier. She’s made at least 22 investments, according to PitchBook, and happens to be married to Carter Reum, founder of well-known Los Angeles firm M13 Ventures, which has invested in companies such as ClassPass, Canvas, and Pinterest, according to its website. Ashton Kutcher Perhaps one of the most famed and notable celebrity VCs is Ashton Kutcher . He is the co-founder of two VC firms, A-Grade and Sound Ventures, both of which he started with Guy Oseary. Shortly after launching Sound, Effie Epstein joined as managing partner. Sound Ventures, founded in 2015, looks to back software companies and has more than $1 billion in assets under management, according to PitchBook. It also invests out of thematic funds, and last year launched an AI Growth Thematic fund, which invested in companies such as Hugging Face, OpenAI, Anthropic, and World Labs. He told the audience at TechCrunch’s 2024 Disrupt that he’s backing competitors in AI because he thinks there’s room for multiple massive AI model companies. His other notable investments between A-Grade and Sound include Affirm, Airbnb, Airtable, Duolingo, and Uber. Nas The famed rapper Nas founded his firm QueensBridge Venture Partners back in 2014. It’s made more than 130 investments across various industries and has around $140 million in assets under management, according to PitchBook. Anand Murthy is a partner at the firm. The firm has invested in companies such as the luggage brand Away (alongside Jay-Z) and the bedding company Parachute , according to PitchBook. As an angel investor, Nas has made more than 50 investments, according to PitchBook. He’s backed SeatGeek, Robinhood, Ring, Coinbase, and the fintech Mercury. Gwyneth Paltrow The Goop founder has made at least 24 investments as an angel investor, according to PitchBook. She, alongside Moj Mahdara, is also the co-founder of Kinship Ventures, which invests in consumer and wellness companies. The firm was looking to raise a $75 million VC fund , Axios reported last year, and has backed the crypto payment company MoonPay . According to other SEC filings, it seems Kinship Ventures also raised what seems to be an SPV to back OpenAI and the bitcoin mining company TeraWulf . As an angel investor, Paltrow has invested in the diaper company Kudos , the hair company Crown Affair, the beauty e-commerce marketplace Thirteen Lune, and the beverage brand Olipop, alongside actress Priyanka Chopra, according to PitchBook. Actress Mindy Kaling, rapper Logic, and the Jonas Brothers, also backed Olipop . Emma Watson The actress has cut at least two angel investor checks, according to PitchBook. Investments include at least two companies, including the biomanufacturing company FabricNano , and Hertility Health . Watson is a well-regarded activist, especially when it comes to the environment and women’s rights. It’s no wonder, then, that her two angel investments are in companies that seek to make product manufacturing more sustainable and a women’s health platform. Olivia Wilde Actress and director Olivia Wilde teamed up with Neil Sirni, who led Roc Nation’s venture division Arrive, to launch the venture firm Proximity, Bloomberg reported in October . Wilde does not have a PitchBook profile just yet but Bloomberg reports that her new firm will focus on consumer and enterprise technology and has already cut a few checks, including into Pendulum Therapeutics. Investor Jason Mack and artist Santigold, known for her song “L.E.S. Artistes,” are also partners at the firm, according to Bloomberg. SEC filings show that Proximity is raising two new SPV funds, including a $5 million health fund and another $10 million fund . Jay-Z The music mogul is an angel investor and co-founder of RocNation and of what is now MarcyPen Capital Partners, an investment firm stemming from the merger of Jay-Z’s Marcy Venture Partners with Pendulum Holding’s investment arm Pendulum Opportunities. Roc Nation has a venture arm called Arrive Opportunities Management , which was once managed by Neil Sirni, the investor now working with Olivia Wilde at Proximity. That venture arm has made at least 40 investments, according to PitchBook, backing companies such as Sweetgreen and Epic Games. Before the merger, Marcy Venture Partners invested in several companies, such as Rihanna’s Fenty x Savage (making Rihanna one of the few Black women in the world to have a unicorn company) and the web3 company Spatial Labs . Charlie Hanna and Mason O’Hanlon are listed as investors at MarcyPen Capital Partners on PitchBook and LinkedIn. Furthermore, as an angel investor, Jay-Z has made some notable investments — at least 27, according to PitchBook — into companies like Oatly, Flowhub, Impossible Foods, and the luggage company Away.In a move to streamline public events and enhance accountability, the Chandigarh Police have placed the responsibility for safety and traffic management squarely on the shoulders of event organisers. Whether it’s a political rally, musical concert or religious procession, organisers must now ensure the smooth execution of their gatherings, taking charge of everything from crowd control to traffic diversions. Under the newly formed “SoP guidelines for permissions for public event”, organisers are required to take proactive steps to manage crowd safety and traffic disruptions. This includes deploying trained volunteers to assist with traffic regulation and crowd control, particularly for large-scale events. Compliance with safety regulations is mandatory, with requirements such as installation of CCTV cameras, proper signage and availability of safety equipment at event venues. Organisers will bear full responsibility for any accidents or incidents occurring during their events. To ensure transparency, organisers must conduct videography or photography of the event and submit copies to the Chandigarh Police upon request for investigative purposes. They are also required to prepare clear and tested evacuation and emergency response plans. For larger gatherings, these plans must be shared with local authorities to ensure readiness for any unforeseen situations. Additionally, event layouts, entry and exit points, and estimated crowd sizes must be submitted at the time of application to facilitate effective monitoring. In a notable shift, organisers are now responsible for arranging traffic diversions, ensuring road safety measures, and installing necessary signage to guide attendees. Processions are required to adhere to specific rules, such as keeping to the left and occupying no more than one-third of the road width. Pedestrian and cycling paths must remain unobstructed, and vehicles must be parked in authorised areas to avoid congestion. As per the guideline, organisers must inform the public about event permissions and rules through press releases and social media platforms, ensuring compliance and awareness among attendees. IGP to grant permissions Previously, the process for obtaining event permissions involved forwarding applications to multiple departments, including the SSP (Law & Order), SSP (Traffic & Security), chief fire officer and municipal corporation, with the deputy commissioner’s office granting the final approval. Now, the inspector general of police (IGP) will serve as the nodal officer for the permission-granting process. The IGP will oversee approvals and ensure adherence to all stipulated guidelines. 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Justin Fields started the 2024 season at a high level before being benched in favor of Russell Wilson. As the regular season comes to an end, there’s questions about Fields and his dynasty outlook for the future. Justin Fields: Steelers Quarterback Dynasty Outlook Current Performance Fields hasn’t started a game for the Pittsburgh Steelers since Week 6 against the Las Vegas Raiders. He averaged 184 yards per game in his six starts with five passing touchdowns, five rushing touchdowns and two turnovers (one interception and one lost fumble). His level of play with the Steelers was the highest it has been in his career. He was asked to play conservatively and did exactly that for Mike Tomlin and Arthur Smith. Fumbles were an issues for Fields, but some of that can be attributed to Zach Frazier still adjusting to the NFL. However, he proved he can be a viable option for the Steelers when called upon. Since Wilson took over, Fields’ usage was reduced to running option plays or tricking defenses to expect into thinking they’ll run it. His ability to deceive defenses adds to his value in real life and fantasy football. Justin Fields Dynasty Price At the start of the season, Fields’ price was much higher than it is now. Anyone acquiring him now in dynasty leagues is doing so in hopes he gets a starting job in 2025. Fantasytradecalc has a list of all trades involving him, whether he was the only piece being dealt or included in a package. In the last month, Fields has either been dealt for draft capital or packaged into a deal to sweeten the pot. He’s been traded for either a 2025 second-round pick or 2025 third-round pick for those dealing draft capital for him. Fields has also been traded for players such as Dontayvion Wicks , Aaron Rodgers and Darnell Mooney . What to do With Justin Fields in Dynasty Leagues There’s questions about where Justin Fields will end up in 2025 or what role he will have next year. However, it’s anyone’s guess as to which team he plays for which is the only reason to question just how strong he will be next season and beyond. That has led to some pessimism around the fantasy world. As a result, below is going to break things down for those who are risk averse and those who are risk seekers. Risk-Averse Managers Risk-averse managers are sending Fields as far away from their teams as possible. They don’t care which team Fields ends up with or what role he has in 2025. Risk-averse managers will see him through his performances with the Steelers and revert back to how he played in Chicago. They will be happy to get anything for him even if it means selling him at his lowest value. Risk-Seeking Managers Risk-seeking managers believe in Fields’ play with the Steelers. They see the 2024 season as a reset for him to go and get paid in 2025. With all of the teams expected to be in the market for a new quarterback, one of them may take a chance on Fields. It’s a possibility even that Fields stays in Pittsburgh and becomes the starter. Risk-seeking managers will cough up lower draft picks or players on their bench to take a chance on Fields. This article first appeared on Last Word On Sports and was syndicated with permission.RIYADH: The Mohammed bin Salman Foundation, also known as Misk, celebrated the graduation of the fourth cohort of the Misk Initiatives Incubator and Impact Accelerator programs at a ceremony held recently at Mohammed bin Salman Nonprofit City in Riyadh. Minister of Communications and Information Technology Abdullah Al-Swaha and Misk Foundation CEO Badr Al-Badr, along with representatives of government agencies, NGOs and donors, attended the ceremony. During the event, 11 youth initiatives were transformed into nonprofit organizations with the support of the Misk Initiatives Incubator program. Four NGOs were empowered through the Impact Accelerator program, contributing to achieving the objectives of the nonprofit sector and enhancing the role of young people in development. Fifteen NGOs took part in the two programs, benefiting 177 people. They were provided with more than 2,000 hours of mentorship and financial grants exceeding SR7 million ($1.86 million) to support the implementation of projects serving young people. The ceremony also featured inspiring success stories, highlighting future projects aimed at amplifying social impact.

The Government of Jammu and Kashmir on Friday ordered transfers, with immediate effect, of six IAS officers in the interest of administration. According to an order, Shantmanu, IAS (AGMUT: 1991), awating orders of posting in General Administration Department, has been transferred and posted as Financial Commissioner (Additional Chief Secretary), Higher Education Department relieving Dr. Rashmi Singh, IAS of the additional charge. “Shantmanu, IAS (AGMUT:1991) shall also hold the additional charge of the post of Administrative Secretary, Information Technology relieving Sh. Santosh D. Vaidya, IAS of the additional charge”. Shailendra Kumar, IAS (AGMUT: 1995) Principal Secretary to the Governent, Agriculture Production Department has been asked to hold additional charge of Administrative Secretary, Floriculture, Parks and Gardens Department with effect from 01.01.2025, in addition to this own duties. Sanjeev Verma, IAS (AGMUT:2001), Commissioner/Secretary to the Government, General Administration Department has been transferred and posted as Commissioner/Secretary to the Government, Social Welfare Department. M. Raju, JAS (AGMUT 2005), awaiting orders of posting in General Administration Department, has been posted as Commissioner/Secretary to the Government, General Administration Department, “He shall also hold additional charge of Administrative Secretary, Information Department bill further orders.” Ms. Sheetal Nanda, IAS (AGMUT:2006), Commissioner/Secretary to the Government, Social Welfare Department has been transferred and posted as Commissioner/Secretary to the Government, Department of Forest, Ecology and Environment relieving Shailendra Kumar, IAS of the additional charge. Ms. Rehana Batul, IAS (AGMUT: 2010), Secretary to the Government, Information Department has been transferred and posted as Director, Jammu and Kashmir Institute of Management, Public Administration & Rural Development.

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SENIORS SCENE: Get 2025 off to a good start at Kent Street centreThe UK Prime Minister, Keir Starmer , has paid heartfelt praise to his brother Nick, who died on Boxing Day aged 60 after a long illness from cancer. Starmer spoke in fond terms of Nick as "a lovely bloke" and one who faced the trials of life with “courage and good humour", and expressing gratitude to those who'd nursed him about to the end of his illness. ET Year-end Special Reads Two sectors that rose on India's business horizon in 2024 2025 outlook: Is it time for cautious optimism or rekindling animal spirits? 2024: Govt moves ahead with simultaneous polls plan; India holds largest democratic exercise Nick Starmer had learning difficulties due to complications during his birth, facing a tough start in life. Despite being labeled “remedial” at school, he defied expectations and learned to read, later gaining a technical qualification. Though life was difficult for Nick, who struggled with long-term health issues, he remained strong, even when faced with job difficulties. Also Read : World Darts Championship: Luke Humphries and Luke Littler Lead the Charge as Tournament Heats Up at Alexandra Palace In a biography by Tom Baldwin, Keir Starmer shared memories of how he and his siblings stood up for Nick against bullies. The brothers shared a small room growing up, and Keir has spoken emotionally about the deep sadness he feels for the tough life his brother led, a life that didn’t match the dreams their parents had for them. Throughout Nick’s illness, Keir took time out from his political duties to visit him in hospital. Starmer’s tribute highlights the strong bond between him and his brother, recalling fond memories such as being the best man at Nick’s wedding and helping with last-minute preparations. 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Nick faced difficulties from an early age, including complications at birth that led to learning difficulties. Despite these challenges, he worked in various jobs and lived a life marked by resilience, supported by his close family. What is the significance of Keir Starmer’s tribute? Keir’s tribute highlights the deep bond between the brothers and the emotional toll of Nick’s struggles and passing. It also underscores Keir’s reflection on the challenges working-class families face. (You can now subscribe to our Economic Times WhatsApp channel )

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One of the nation's most intense rivalries renews Saturday afternoon as No. 22 Cincinnati welcomes its crosstown rival Xavier. The Musketeers (8-2) enter the game after posting their biggest margin of victory in school victory, a 61-point home blowout of Morgan State, 119-58, on Tuesday. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. Cardlytics reports that card-linked cash-back offers represent a strategic stocking stuffer for smart shoppers navigating the expensive holiday landscape. Click for more. Holiday spending hacks: How to unwrap savings without sacrificing festive cheerLiverpool powered seven points clear at the top of the Premier League as the title favourites survived a scare in their 3-1 win against Leicester, while Bruno Fernandes was sent off in Manchester United's dismal 2-0 defeat at lowly Wolves. Erling Haaland missed a penalty as crisis-torn Manchester City failed to end their dismal run with a 1-1 draw against Everton, but it was United's travails and Liverpool's remarkable run that took centre-stage on Thursday. Arne Slot's side were shocked by Jordan Ayew's early strike at Anfield, but the leaders recovered their composure to equalise just before the interval through Cody Gakpo. England midfielder Jones marked his 100th top-flight appearance with the second goal soon after half-time. Mohamed Salah's 19th goal this term wrapped up Liverpool's 11th win in their last 13 games in all competitions. "We created enough, but because we went 1-0 down it was a game," Liverpool manager Slot said. "Then you saw how good we are and Leicester didn't want to come back into the game." Liverpool's comeback lifted them well clear of second-placed Chelsea, who were defeated 2-1 by Fulham earlier in the day. United suffered a third successive loss in all competitions to leave new boss Ruben Amorim with five defeats in his first 10 games. Fernandes was dismissed two minutes into the second half at Molineux for a second bookable offence. United's 10 men cracked in the 58th minute when Matheus Cunha's corner went straight in as goalkeeper Andre Onana flapped under pressure. Hwang Hee-chan compounded Amorim's misery when he tapped in with just seconds left. Losing to fourth-bottom Wolves was another bitter blow for United, who endured a humiliating 3-0 defeat by Bournemouth at Old Trafford last weekend after losing 4-3 in the League Cup at Tottenham. With his team marooned in 14th place -- just eight points above the relegation zone -- Amorim's woes might not be over, with United facing in-form Newcastle on Monday before travelling to Liverpool in their first game of 2025. "It's so tough to win games in this league with 11 men. With 10 men, it's more difficult," Amorim said. Champions Manchester City have just one victory in their last 13 games in all competitions as their Christmas schedule started in disappointing fashion. Bernardo Silva put City in front early on before Iliman Ndiaye salvaged a point for Everton. Seven minutes into the second half, Haaland had the chance to end his longest goal drought at the Etihad but Jordan Pickford denied him. City are languishing in seventh place and sit five points adrift of the top four, with their astonishing decline showing no sign of ending. "Of course we need results and we didn't get it. The team played really good again in all departments and unfortunately could not win," said City boss Pep Guardiola. At Stamford Bridge, Chelsea were stunned by Fulham's late fightback in a dramatic west London derby. It was Chelsea's first home defeat against Fulham since 1979. Cole Palmer put Chelsea ahead after 16 minutes, the England forward drilling home from the edge of the area after weaving through the Fulham defence in dazzling style. But Fulham levelled with eight minutes left when Harry Wilson nodded in from close range. There was worse to come for the Blues when Rodrigo Muniz completed the turnaround in the 95th minute. Nottingham Forest climbed to third place after a 1-0 win against sputtering Tottenham at the City Ground. Forest's fourth successive win was sweet revenge for boss Nuno Espirito Santo, whose former club Tottenham had Djed Spence sent off in the closing moments for a second booking. Tottenham are stuck in 11th as the pressure mounts on boss Ange Postecoglou. Newcastle swatted aside 10-man Aston Villa 3-0, moving up to fifth place after winning three consecutive league games for the first time since 2023. Jarrod Bowen's 59th-minute goal gave West Ham a 1-0 win at bottom of the table Southampton after the visitors saw Guido Rodriguez's red card overturned by VAR. It was a frustrating start for new Saints boss Ivan Juric, who has replaced the sacked Russell Martin. Bournemouth and Crystal Palace shared a goalless draw at the Vitality Stadium. smg/nf

AFL 2024: 10 most-read stories of the year on Foxfooty.com.au, biggest AFL stories, GWS party drama, Isaac Heeney saved by Jack Buckley in mark, latest newsIn a two-part Christmas message posted to his own social media app, President-elect Donald Trump wished a "Merry Christmas" to all, with special mentions for President Joe Biden and the people he recently granted clemency . Trump took to Truth Social to air his grievances with some of his political adversaries in a passive-aggressive Christmas day message. He began by accusing the Chinese government of illegally controlling the Panama Canal, which is untrue as the canal has been controlled by Panama since Dec. 31, 1999. "Merry Christmas to all, including to the wonderful soldiers of China, who are lovingly, but illegally, operating the Panama Canal (where we lost 38,000 people in its building 110 years ago), always making certain that the United States puts in Billions of Dollars in 'repair' money, but will have absolutely nothing to say about 'anything,'" he wrote. Trump continued to mention Canada and Greenland, nations the President-elect has overtly expressed interest in expanding U.S. control over. The president-elect then began writing about Biden and those he granted clemency to, which consisted of 39 pardons and 1,499 commutations, according to a press release from the White House. Trump further mentioned the 37 federal death row inmates whose prison sentences Biden commuted. "Also, to the 37 most violent criminals, who killed, raped, and plundered like virtually no one before them, but were just given, incredibly, a pardon by Sleepy Joe Biden," Trump continued. "I refuse to wish a Merry Christmas to those lucky 'souls' but, instead, will say, GO TO HELL!" This is not the first time Biden has received criticism for his decision to commute these death penalty sentences, instead sentencing the inmates to life imprisonment without the possibility of parole. "These are among the worst killers in the world and this abhorrent decision by Joe Biden is a slap in the face to the victims, their families, and their loved ones," Steven Cheung, Trump's communication director, said in a statement. "President Trump stands for the rule of law, which will return when he is back in the White House after he was elected with a massive mandate from the American people." "Make no mistake: I condemn these murderers, grieve for the victims of their despicable acts, and ache for all the families who have suffered unimaginable and irreparable loss," Biden said in a statement released on Monday. "But guided by my conscience and my experience as a public defender, chairman of the Senate Judiciary Committee, vice-president, and now President, I am more convinced than ever that we must stop the use of the death penalty at the federal level. In good conscience, I cannot stand back and let a new administration resume executions that I halted," he continued. Originally published by Latin Times.

Qualcomm has emerged victorious in a crucial court case against Arm Holdings, a British chip designer. The lawsuit centered on whether Qualcomm breached a licensing agreement after it acquired startup Nuvia in 2021. Nuvia’s chip designs were allegedly based on Arm’s technology, and Arm argued that Qualcomm should pay a higher royalty rate for using them after the acquisition. Qualcomm Wins, but Uncertainty Remains in Arm Lawsuit The jury ultimately sided with Qualcomm on the most critical issue, ruling that the company’s central processor chips were properly licensed under its agreement with Arm. This is a significant win for Qualcomm as it paves the way for the company to continue selling its chips, including those that incorporate Nuvia’s technology. However, the verdict wasn’t entirely clean-cut. The jury couldn’t reach a unanimous decision on whether Nuvia itself breached its licensing terms with Arm before being acquired by Qualcomm. This leaves some uncertainty hanging over the case, and it’s possible that this aspect could be retried in the future. Judge Maryellen Noreika, who presided over the case, encouraged both parties to mediate their dispute to avoid another trial. “I don’t think either side had a clear victory or would have had a clear victory if this case is tried again,” Noreika remarked. Despite the mixed verdict, the outcome is a relief for Qualcomm. The company’s stock price rose 1.8% in after-hours trading following the news. Arm, on the other hand, saw its shares dip by 1.8% in extended trading. The legal battle between Qualcomm and Arm has been closely watched by the tech industry, as it has implications for the broader chip market. Arm licenses its chip designs to numerous companies, including many of Qualcomm’s competitors. The outcome of this case could set a precedent for future licensing agreements between Arm and its partners. Stay ahead in tech! Join our Telegram community and sign up for our daily newsletter of top stories! 💡 ( Via )

WW-P North boys basketball advances past Delran in West Windsor-Plainsboro Holiday Classic

Couple’s monthly phone bill spikes to $450 after being charged $3,700 in AT&T purchases they didn’t even make

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