Ashton Kutcher leaving Sound Ventures to launch new VC firm with Morgan Beller

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Ashton Kutcher is stepping away from Sound Ventures — the firm he co-founded with Guy Oseary 11 years ago — to start a separate VC fund, the Wall Street Journal reported. TechCrunch had separately heard that Kutcher was preparing to leave; the WSJ’s report confirms it and adds new detail on his plans with Beller.

The actor and investor’s new firm is being co-founded with Morgan Beller — its name hasn’t been made public yet — who until recently was a general partner at seed-focused VC outfit NFX and previously co-led cryptocurrency project Libra at Meta. Beller also spent nearly three years as a partner at Andreessen Horowitz.

Kutcher’s exit doesn’t appear to be a sign of trouble at Sound Ventures — investors more often leave firms that are underperforming, and that’s not the case here. The firm, which has backed companies like Brex and Gusto, was also an...

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