Invest in ideas that accelerate people’s happiness. That may not be the approach of your average angel investor or VC, but that’s Ashton Kutcher’s overarching philosophy when investing in early stage tech startups.
Michael Arrington interviewed Ashton on stage at TechCrunch Disrupt today in San Francisco:
At first glance, it may seem like a lofty approach to investing, but the more he explained it, the more it made sense. Sure Ashton is interested in savvy, profitable investments, but ultimately people want more love, better health, connectivity, friendship, more time…all things that lead to people’s happiness and he believes that technology has the greatest potential to accelerate our path to happiness.
What was so refreshing about today’s interview was realizing that Ashton is more than just a celebrity investor; he is one of us – a member of the tech startup community. His knowledge of the industry is impressive and he cares about and spends time with the companies he invests in. In his words: “What I enjoy in life is helping other people be successful.”
Unlike a VC, Ashton isn’t getting a paycheck based on the returns on his investment. But I’d love to see his success rate side-by-side with the average Sand Hill Road portfolio. My bet is that investments that accelerate people’s happiness will ultimately win out.