The On-Screen 'Wolf Of Wall Street' Leo DiCaprio Joins A VC Firm

On Tuesday, DiCaprio's status as an investment expert was elevated, as he was named as a special adviser to Data Point Capital, a venture capital firm that focuses on funding companies that can be leveraged and scaled on the internet.

Bostinno spoke with Mike Majors, a managing partner at Data Point to explain why the firm added a Hollywood A-list actor.

"We look at this as a guy who can help us give visibility for the companies in our portfolio which he finds interesting and meaningful," Majors said.

Majors added that DiCaprio has first-hand expertise and knowledge in how people like to be entertained and what platforms they use to support those habits.

Leo Won't Be Working With Gene Munster

Perhaps Leo drew inspiration from Gene Munster, one of the most respected Wall Street analysts who cover Apple Inc. AAPL.

Munster said last week he will be leaving his role as a top analyst at Piper Jaffray to start a new venture capital firm called Loup Ventures.

Loup Ventures will invest in companies that operate within the virtual reality, augmented reality, artificial intelligence and robotics space.

"It means he senses some bigger opportunities," Ben Bajarin, an analyst at researcher Creative Strategies told Bloomberg. "It may be because of what he believes Apple is doing in those areas that causes him to get excited and thus want to invest as they develop the bigger opportunities there."

Don't Forget About Kobe

Five-time NBA champion Kobe Bryant announced earlier this year he will team up with Jeff Stibel, an entrepreneur and investor, to oversee a $100 million venture capital fund.

"We don't want to be in the business of investing in companies so someone can use Kobe as an endorser. That's not interesting," Stibel told the Wall Street Journal at the time. "The point is to add real value."