Kim Kardashian Becomes An Angel Investor — What Kind Of Startups Are On Her Radar?

Kim Kardashian's eventful personal life has dominated every media corner for the last 17 years. She cleverly used the attention to become the queen of influencers with a Midas touch. A single story on her Instagram profile about a brand can take it from irrelevant to mainstream overnight. 

Still, her business acumen little attention. Kardashian is a businesswoman who has built a multibillion-dollar company and invested in many startups. She now aims to do more of that through her venture capital firm. With as little as $1,000, you can also get on the ground floor of various promising startups

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Much More Than A Reality TV Star 

The reality TV star founded a beauty company called KKW Beauty in 2017. It was later rebranded and evolved into SKKN by Kim. When she sold it in 2021, she bagged $200 million — chump change compared to SKIMS' latest evaluation. SKIMS is a shapewear and apparel brand Kardashian founded in 2019. It is currently worth $4 billion. 

Last year, Kardashian partnered with Jay Sammons, a 16-year veteran of private equity firm Carlyle, and started SKKY Partners. The venture capital firm aims to raise $1 billion to invest mainly in up-and-coming fashion, beauty, media, food and beverage companies. Kardashian could have used her influence to build a venture capital firm long ago, but it's no coincidence that she has chosen to do it now. 

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Seizing The Moment 

Humanity is currently going through a period of unprecedented innovation. With modern technology, it often takes only a week to accomplish something that required months 10 years ago. This is a colossal driver of economic activity, and investing in startups is one of the best ways to take advantage of that. 

Regular stocks are volatile and can rise and fall by 20% in a single day. Startups are a long option. If you anticipate a company's success early on, putting a few hundred bucks into it could prove to be the best financial decision of your life. 

Like Kickstarter But With Ownership 

Equity crowdfunding options are a relatively new way of investing in startups. It's similar to donating to Kickstarter and Indiegogo campaigns, but instead of getting a small token of gratitude, you get partial ownership of a company. 

With entry points often as low as $100, investing is accessible to most people. With $1,000, you can create an entire portfolio and spread out the risk. 

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