Demi Is Going After Ashton Kutcher's VC Fund in the Divorce
Ashton Kutcher's panel at this year's TechCrunch Disrupt had at least one very interested party glued to the livestream. On stage, the actor-capitalist and his business partner Guy Oseary, Madonna's manager, confirmed rumors that they were seeking investments for their VC fund, A-Grade Investments, at a $100 million valuation—humblebragging they were raising "enough money."
A source close to Demi Moore, Kutcher's soon-to-be-ex-wife, described the public display as “audacious and narcissistic," considering that her lawyers heard a very different story about the notoriously tight-lipped fund, which barely even has a website. According to The New York Post:
Our source continued, “Ashton set up A-Grade with Oseary and Burkle in 2010, when he and Demi were still together, but he recently told her lawyers the fund had not made substantial money. In fact, he claimed he had only put about $1 million into it.
Ah divorce proceedings, where the financial details glossed out of tech blogs finally come to light!
According to the Post, Kutcher owns 20 percent of A-Grade Investments, which has invested in Airbnb, Path, Foursquare, Uber, and Fab.com, and more. Under the assumption that Kutcher is getting $20 million of that $100 million, Demi feels she should be entitled to $10 million, or half of his share.
Oh boy, did no one tell Demi's lawyers about Silicon Valley's "valuations"?
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