Ashton Kutcher hates cars, loves scooters

Ashton Kutcher and Effie Epstein discussed their investment strategy at TechCrunch Disrupt SF. With their VC fund Sound Ventures, they invested in Bird. While they are conflicted on this topic, Kutcher had a passionate answer about scooters.

Here’s a video of what he had to say:

I recommend listening to the video to hear how mad Kutcher was. But if you’re at work, here’s the main quote.

“This is like the simplest one of them all in so much as nobody wakes up in the morning, opens their front door and says ‘god look at how many cars there are, there are parked everywhere.’ There are fucking parked everywhere! There are cars parked everywhere, it's ridiculous! They're clogging the roads, they're making it impossible to get anywhere you want to go,” Kutcher said.

“But boy do we open up the door and go ‘man there are scooters all over the place.’ Hold on, wait a second, this is aversion to change. And suddenly we go: Alright, we have to regulate the hell out of this because people are complaining. But nobody is complaining about the fact that there are cars everywhere.”

Ashton Kutcher and Effie Epstein to talk Sound Ventures at TC Disrupt SF

While many celebrities try to invest in the world of tech, very few do so successfully. And no one has proved their worth as celebrity-turned-VC more than Ashton Kutcher .

That’s why we’re absolutely thrilled to host Ashton Kutcher and Sound Ventures partner Effie Epstein at TC Disrupt SF in September.

Kutcher first got into investing in 2011 with the launch of A-Grade Investments. The firm invested in big-name companies like DuoLingo, FlexPort, ProductHunt, Airbnb, and Uber. In 2014, Kutcher, alongside his longtime friend and partner Guy Oseary, started a new VC firm called Sound Ventures.

Since launch, Sound Ventures has made 53 investments and led six rounds of financing, with portfolio companies including Gusto, Vicarious, Robinhood, Lemonade, and Acorns.

And in 2017, Sound made another investment in the form of Effie Epstein. The firm brought on Epstein as managing partner and COO, with Kutcher telling TechCrunch: “Effie has a deep understanding of business and fiduciary responsibilities. She also has a multidisciplinary background which makes her a home run for venture. The bottom line is she is someone I want to work for.”

Before joining Sound, Epstein led global strategy at Marsh & McLennan subsidiary Marsh. Prior to Marsh, she served as SVP of planning and head of Investor Relations at iHeartMedia, and before that she worked in business development at Clear. Epstein also worked in investment banking in the energy sector and has an MBA from Harvard Business School.

In other words, Epstein brings a multi-disciplinary approach to Sound, which is venturing beyond consumer tech into financial services, insurance tech, enterprise, govtech and medtech sectors.

This won’t be Kutcher’s first go-around at Disrupt. He spoke at Disrupt NY in 2013, right as the world was first hearing about Bitcoin. We’re excited to revisit the topic of cryptocurrencies and so much more with Kutcher and Epstein, and discuss their investment thesis moving forward.

Tickets to Disrupt SF are available here.