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Venture Capitalists in Hollywood: Olivia Wilde, Jay-Z

Startup Investment

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a day ago

Summary

Olivia Wilde co-founds Proximity with artist Santigold, focusing on consumer and enterprise technology investments. Jay-Z has been an angel investor in several tech startups, including Oatly, Flowhub, Impossible Foods, and Away. Both have made significant investments in various companies.

Key Points

A key point is the diversity of investments by Olivia Wilde's Proximity, which includes Pendulum Therapeutics, a health-focused startup.
Jay-Z's angel investments include companies like Sweetgreen, Epic Games, and Spatial Labs.
The merger of Marcy Venture Partners with Pendulum Holding's investment arm has led to the creation of MarcyPen Capital Partners.
Wilde's firm Proximity is raising two new SPV funds: a $5 million health fund and another $10 million fund.

Why It Matters

The rise of venture capitalists like Olivia Wilde and Jay-Z in Hollywood highlights the growing interest in technology investments, which can have significant economic and social impacts.

Author

Dominic-Madori Davis

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