Leonardo DiCaprio Is Teaming Up with a Boston VC Firm

The Oscar-winning actor will be a special advisor.
Leonardo DiCaprio

Photo by Paul Drinkwater / NBC

A bit of Hollywood star power is coming to Boston’s business world.

Leonardo DiCaprio has joined the advisory board of local venture capital firm Data Point Capital. According to a press release, the Oscar-winning actor will serve as a special advisor to the firm, which focuses on funding companies that take advantage of the Internet to grow.

Data Point Capital managing partner Mike Majors said in the release that the group was excited to partner with DiCaprio and praised him for his unique insight into the entertainment industry.

“We are thrilled to have Leo join our team as a special advisor,” Majors said. “As companies like Facebook, YouTube, Twitter, Pinterest, Instagram, Pandora, and Netflix become a ubiquitous part of our society, we welcome the unique insights from all our advisory board members on how individuals like to be entertained, and which platforms best support their habits. We look forward to Leo’s contributions for both Data Point and our portfolio companies.”

The firm’s advisory board also includes Data Point Capital and Shoebuy.com founder Scott Savitz, iRobot co-founder Colin Angle, Where.com co-founder Alan Phillips, as well as other “business executives, Internet leaders, and change agents.”

[h/t BostInno]

Matt Juul Matt Juul, Digital A&E Writer at Boston Magazine mjuul@bostonmagazine.com

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