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Justin Bieber: tech startup investor?

Thursday, September 8th, 2011 | Justin Bieber

Singer Justin Bieber accepts an award at the 2011 MTV Video Music Awards in Los Angeles on August 28.

Singer Justin Bieber accepts an award at the 2011 MTV Video Music Awards in Los Angeles on August 28. Photo: Reuters

Is pop singer Justin Bieber looking to follow in the footsteps of actor and venture capitalist Ashton Kutcher?

Kutcher, 33, is with an older woman, his 48-year-old wife, actress Demi Moore.

Bieber, 17, is dating 19-year-old actress and singer Selena Gomez.

And now, according to a rumour reported by Business Insider, Bieber, like Kutcher, is investing in tech start-ups.

What proof does Business Insider, or anyone else, have? Well, so far nothing that has been released publicly. But Business Insider’s Alyson Shontell did say in her report that it “heard about a stealth New York startup Bieber invested in last week,” and that while it isn’t “at liberty to announce which startup just yet” it did describe the company as “a good-natured” firm with “other high-profile celebrity backers on board”.

Shontell also made reference to Bieber – an Ontatio, Canada, native – playing a pick-up basketball game with Canadian Steve Nash (of the NBA’s Phoenix Suns) and investor Michael Duda. Nash and Duda are the co-founders of Consigliere, a marketing firm and investment fund that reportedly has funded the New York start-ups Birchbox, StellaService and Chloe Isabel.

The video, featuring a nice little crossover dribble from the Beebs to navigate around Nash, can be seen below.

Officials at Consigliere and Bieber’s representatives were unavailable to comment on the rumour.

LA Times

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