Olivia Wilde Ventures into Venture Capital

Team S · 2024-10-30T10:14:23.000Z

Actor and director Olivia Wilde has made a bold move into the world of venture capital by launching her own firm, Conscious Community. The firm, which focuses on supporting women-led businesses, has already raised $10 million for its inaugural fund. Wilde, known for her roles in "House" and her directorial debut "Booksmart," is partnering with seasoned investor Ara Katz. Katz brings valuable experience from her time as an entrepreneur-in-residence at MIT and her role in founding the microbiome company Seed Health. Conscious Community aims to invest in early-stage companies across various sectors, including consumer goods, healthcare, and technology. The firm plans to write checks ranging from $250,000 to $750,000 for pre-seed and seed-stage startups. Wilde's venture into the financial world aligns with a growing trend of celebrities entering the investment space. Notable examples include Ashton Kutcher, Gwyneth Paltrow, and Serena Williams, who have all made significant strides in venture capital and angel investing. The launch of Conscious Community not only marks a new chapter in Wilde's career but also contributes to the broader movement of increasing diversity in the traditionally male-dominated venture capital industry.

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Olivia Wilde Ventures into Venture Capital | Newnex