Kutcher’s departure was partly due to different views on which startup stages to target for investments, with Sound leaning toward backing companies that are already more established, rather than betting on very early-stage startups, according to WSJ.
Kutcher and Beller are focused on making early-stage investments in AI infrastructure, energy, and deep tech startups — startups built around hard science and engineering breakthroughs rather than software alone.
Despite leaving Sound Ventures, Kutcher will continue to serve as an adviser to the firm. Meanwhile, Oseary and Sound general partner Effie Epstein will advise Kutcher and Beller’s new firm.
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