Top Chef's Louise: I am Not really a Bully

Louise Terhune Maybe it was karma that sent Louise Terhune packing from Top Chef? After days of vocally attacking Beverly, she was kicked on her disastrous Beef Stroganoff within 24 hours that her frenemy put into the very best three both in the Quickfire and Elimination challenges. "It was all me, little else," Louise informs TVGuide.com. "I did not prepare the meat correctly and that i don't have any one and absolutely nothing responsible but myself." However the Chicago-based chef knows the storyline line could not happen to be scripted much better. "[Beverly] does well and also the villain leaves!" What exactly exactly was the offer between the pair of them? Discover below.Top Chef's Dakota: I had been hurt by Nyesha's commentsDid you believe it would be you obtaining the boot?Louise: Yeah, you usually know. Should you speak with other chefs, whenever you create a crucial mistake and you do not have a stroll-entirely of other meats you should use as if you do inside your normal restaurant, you realize. A minimum of I understood. It felt like this would be me unless of course some miracle happened.It appeared to become between you and also Grayson.Louise: Yeah, and that we both bought the identical cut of meat. Both of us bought the rib-eye in the same store. I would make a move braised and that i did not. The initial plan ended up being to sear that steak making it rare, but when I sampled an item, it had been soft. And she or he had exactly the same problem. I attempted to salvage mine, [thinking] "OK, maybe I'm able to braise it." But at that time, I had been in save mode. You've two hrs. There is no save then. The only real other choice is to depart the protein off.Therefore it is Whole Foods' fault? They gave everyone bad meat.Louise: [Laughs] Yes, but it is ultimately my fault. I did not select the best meat and that i did not prepare rid of it. Like a chef, you are making options and that i could not repair it. ... I'd no back-up plan because I'd not one other protein. I loved the relaxation of my dish. I'd an excellent sauce. I'd roasting mushrooms. A number of them think it is greasy. I disagree, but that is OK. It simply couldn't be saved. ... Conceptually, I understood things i desired to do right from the start - a spin on Beef Stroganoff. I did not go as literally as Grayson did with hers. I understood it had been said to be a experience that. It simply did not pan out for me personally. This is exactly why I had been Comfortable with it. You saw me leave and that i did not cry. I had been very happy with myself and that i still am even today. I've no regrets and that i am pleased with the way i tried through the competition.When have you realize you had been screwed?Louise: Throughout the prepare virtually. After I sampled the meat also it would be a soft mess and that i understood the standard of meat was bad, I second-suspected myself. And that is one factor you can't do on the top Chef. I stated it last evening: I should have used pressure oven. It most likely wouldn't make a great deal of difference since you can't braise rib-eye. Which wasn't the aim of the dish. Yes, the initial Stroganoff is generally a braised meat you prepare for any lengthy time period. However it wouldn't have mattered basically had tried on the extender. ... Tom stated I could've cooked it for four days, however it wouldn't have mattered. It does not work like this with rib-eye. After I understood I could not perform the preparation I needed, I understood another person would need to ruin in a major way to be able to save myself. Somebody might have needed to haven't plated something. Top Chef's Nyesha: I'm not sure how our dish wound up undercookedWhat have you consider Tom's comment about how exactly Beverly used pressure oven and she or he wasn't towards the bottom three?Louise: She'd short ribs and also you can't prepare short ribs in 2 hrs with no pressure oven. I believe many people think this is a search on me, however when Tom Colicchio foretells you, all he's is honest. I never take anything he states as hurtful because he's right! He does not say so that it is malicious he states it because he's right. She did make use of a pressure oven and she or he wasn't towards the bottom three. There is nothing to consider offense to because he's absolutely, 100 % right. And That I be thankful.I am sure you have often seen the fan reaction about how exactly you had been bullying Beverly, as well as Padma known as the "Full of Mean" inside a voice-over. What happening between the two of you? Maybe it was only a situation of personality clashes?Louise: Yeah, and i believe people managed to get appear worse than exactly what it was. I've got a very direct personality and she or he doesn't. That isn't bullying. I've no ill will toward Beverly. She wasn't a so-known as target or anything. I'm very blunt and to the stage. I am very honest and I only say almost anything to the face. I never, ever stated anything off-camera which i did not ask on-camera. And many people did! Other participants stated some very hurtful a few things i saw unfold as you're watching the show and many people have stated some very hurtful items to the press about me throughout this complete process. They known as a bitch.Louise: Yeah! And honestly, it is extremely childish. It simply proves you that many people are extremely cowardly to express something to someone's face, which I'm not. I do not feel below par concerning the things I have stated. I never swore at anybody. They never needed to bleep me. I never known as anybody any derogatory names. All Used to do was I spoke things i felt was right. If people thought I had been abrasive, it would have been nice if a person stated at that time, "Hey, I believe you are being mean" or "You are not fair to Beverly" or whatever. But people did not. It's simpler to speak behind someone's to your camera than for their face. I made some good buddies throughout this method. And it is a difficult atmosphere. It's hot! Everyone's pressurized. We are all following the same goal, but I don't regret one factor which i stated on- or off-camera.Everyone's in your situation for discussing the shrimp at Judges' Table a week ago.Louise: Well, it had not been my option to discuss that! [Laughs]Top Chef's Whitney: My way of thinking was offWho introduced up?Louise: The idol judges requested us about this. They requested us, and so i clarified. I am talking about, I am not stupid. Why would I mention something which happened a few days before? It does not make sense at all. It had nothing related to your competition that people were in also it would be a double elimination, and so i would have gone home with Beverly. Beverly and that i really got along throughout that whole prepare. Do It would be a coincidence they put us together? Most likely not. I am talking about, let us be truthful! [Laughs] It sure does alllow for great TV. Individuals have stated some very nasty reasons for me earlier this week. Very nasty! I'd be laying basically stated it wasn't hurtful. But in the finish during the day, my buddies, my loved ones, those who know, those who enter into my restaurant - they do not worry about this stuff simply because they know me. And That I know I am not really a bully. I understand I am not what all of the names individuals are calling me. ... [The show] needed a villain and that is OK. I welcome it! I have been open since i have was four years old, and so i wasn't shocked I had been the villain.What exactly are you so far?Louise: I am still at Sable. That's the good thing about this complete factor. I'd an incredible job prior to the show and that i have a much better and much more fulfilling job since I am back. My opportunity continues to be incredibly encouraging. I have been with my opportunity for nearly 14 years. They have viewed me grow and you never know what's coming? By at this time, my restaurant is actually coming up. I was effective before I had been on the top Chef, but even much more now. What you know already that, with all of this negativity, it might drive business away, but it is done the precise opposite. People wish to eat my food and they are curious! They would like to meet me in the finish during the day. No matter the way i was described, it does not matter because individuals still come wish to eat my food. And That I was on the top Chef! I made the very best 10! I possibly could 't be more proud.

Alyson Hannigan Is Pregnant!

First Released: December 17, 2011 1:54 PM EST Credit: Getty Images La, Calif. -- Caption Alyson Hannigan illuminates the red-colored carpet of ELLEs 17th Annual Women in Hollywood Tribute in the Four Seasons Hotel on October 18, 2010 in Beverly HillsAlyson Hannigan is going to be a mother for that second time. The first kind Buffy the Vampire Slayer star and her husband (and fellow Buffy alumnus), Alexis Denisof, expect their second child, the actress confirmed on Twitter. Yes, I'm pregnant! This time around it's not a food baby, she Tweeted on Friday, referencing a previous Tweet in September, in which the star shot lower pregnancy gossips after she was spotted having a bump by saying she'd simply eaten an excessive amount of circus food. We're beyond happy! she added. This is the 2nd child for Alyson and Alexis, who welcomed daughter Satyana in March 2009. Fortunately, Alysons pregnancy wont cause any filming issues for that stars CBS show, The Way I Met Your Mother, as her character, Lily, is presently pregnant on the program. The 37-year-old actress will probably be quite peak woman. Additionally to her impending arrival and CBS sitcom, Alyson will quickly be viewed around the giant screen within the approaching American Cake revival, American Reunion. The film, which reunites the initial cast from the American Cake franchise, is placed hitting theaters on April 6, 2012. Copyright 2011 by NBC Universal, Corporation. All privileges reserved. These components might not be released, broadcast, rewritten or redistributed.

ABC News Shoots Down Barbara Walters Retirement Reports

The investors in a slate of Paramount movies, including Transformers and Mission: Impossible III, who sued the studio Nov. 30 are only the latest to complain about "Hollywood accounting." I am not taking sides in the dispute, but like the hundreds of lawsuits brought by actors, filmmakers and financiers through the years, the case filed by the Melrose 2 investors shows how badly the industry needs to change the system for paying profit participants.our editor recommendsBox Office in Free Fall: How Low Can It Go?Awards Box Office: 'Tinker, Tailor, Soldier, Spy' Nabs No. 3 Specialty Opening of 2011Box Office Report: 'New Year's Eve' Leads Worst Weekend Since 2008 With $13.7 MillionBox Office Report: 'Twilight: Breaking Dawn' Hits $500 Mil Worldwide in 12 Days PHOTOS: Top 10 Superheroes Of All Time: Battle of Box Office Brawn Nearly all Hollywood dealmakers agree that the contractual language that dictates how participants are paid has gotten out of hand. Contracts were once simple and straightforward, but thanks to overaggressive lawyers and accountants, profit definitions can now stretch more than 100 pages, requiring months of negotiations and leading to litigation over how much money actually is owed. Rightly or wrongly, studios are losing the recent cases that go to court. And widespread distrust of studio bean counters has contributed to the retreat of investors from Holly-wood and escalating demands by talent for higher upfront pay because they're skeptical of getting anything on the backend. The silliness of it all is that there is a perfectly logical alternative that is fair to both sides of the equation: tying participations directly or indirectly to U.S. box-office numbers as reported by Rentrak. To some extent, this is already happening in the form of box-office bonuses for talent; what I am proposing is expanding the concept to embrace all financing and talent participations. PHOTOS: Biggest Box Office Bombs I am not suggesting box office should be the endpoint, but it should be the starting point. If a star negotiates a 5 percent stake in a movie that has a box-office gross of $100 million, he or she gets $5 million -- simple. This formula could be supplemented by adjustments based on (a) the average ratio of DVD revenue to box-office gross at the time of payment, (b) the ratio of foreign revenue to U.S. revenue at the time of payment, (c) a preset distribution fee (calculated as a percentage of box office), (d) a preset distribution expense (as a percentage of box office) or (e) a preset production cost. But when I say "preset," I mean that in no event can any of the calculations be based on actual revenue or expenditures because that would drag us back to the current lunacy of endless negotiations, audits and litigation. Assume a studio intends to produce a $100million film but wants to limit its risk to $50 million. It raises $50 million of equity from an investor and agrees to fork over 50 percent of box office. If the film flops at the box office with only $10 million, the studio pays the investor $5 million, keeps the $45million balance of the outside investment and is happy. If the film gets to $100 million at the box office, the studio gives the investor a break-even payment of $50 million, and the studio is happy because it will keep worldwide rights and profits from a successful film. If the film scores big with $200 million in box office, the studio will pay the investor $100 million, and the studio is still happy because it accepted that possibility as a trade-off for reducing its risk. PHOTOS: Top 15 Grossing Threequels of All Time Contrast that approach with the Melrose2 lawsuit against Paramount, the culmination of months of negotiations over hundreds of pages of arcane accounting concepts followed by years of audit disputes. My approach creates a transparent system that allows actors and filmmakers to know their worth and investors to know the value of their investments just by opening the trades, rather than waiting for months only to receive accounting statements they don't understand. This approach eliminates the perceived opaqueness (right or wrong) of Hollywood accounting and leaves a spotlight on the thrill of "owning a piece" of a film. Private-equity funds would come back to Hollywood, talent negotiations would be easier and everyone would benefit because the more the studios can hedge risks, the more they can spend on a film and the more films they can make. PHOTOS: 10 Billion Dollar Babies: Movies That Have Crossed the 10 Figure Mark Schuyler M. Moore is a lawyer at Stroock and the author of The Biz, Taxation of the Entertainment Industry and What They Don't Teach You In Law School. He can be reached at smoore@stroock.com. ♦♦♦♦♦ HOW IT WOULD WORK: Here is a more sophisticated example of converting a net-profit interest to a box-office calculation, if an actor or other profit participant's contract provides as follows: Share of net profits: 5% Cost of film: $30 million Distribution fee: 35% of gross revenue Distribution expense percentage: 40% of gross revenue Gross revenue to studio: 3x U.S. box office Based on these assumptions, if a movie has U.S. box office of $100 million, the studio would be deemed to receive gross revenue worldwide from all media of $300million (equal to 3x U.S. box office). The calculation of net profits would thus be as follows: $300 million: Deemed gross revenue - $30 million: Cost of film - $105 million: Distribution fee (35% of $300 million) - $120 million: Distribution expense (40% of $300 million) $45 million: Net profit The participant would thus be entitled to a net-profit payment of $2.25 million (5% of $45 million). PHOTO GALLERY: View Gallery Box Office Flops of Late Summer 2011 Related Topics Transformers Mission: Impossible 3

Charlie Sheen Set to Make a Splash at NATPE

Fox Fox and CBS shared a relatively uneventful December Tuesday last night, each earning a 2.9 rating among adults 18-49. As was the case with most original episodes last night, Glee and New Girl both were both down to their season low. Each dropped three percent among adults 18-49, for respective 2.9 and 3.3 ratings. Raising Hope saw a five percent boost in the demo, finishing Fox's night with a 2.3. PHOTOS: Behind the Scenes of Fox's 'New Girl' On CBS, the shared win among adults 18-49 was eclipsed by a handed victory among total viewers. The network averaged 15.5 million, with 9:00 p.m. offering of NCIS: LA earning its largest audience since the season premiere. NCIS topped all other shows among adults 18-49, earning a 3.5, followed by NCIS: LA (3.0) and Unforgettable (2.1). The latter was down 5 percent for a season low. NBC came in third, with a 2.2 for the night. The curiously-timed William & Kate: Inside the Royal Marriage special netted a 1.2 rating among adults 18-49, before a two-hour block of The Biggest Loser finale averaged a 2.3 in the demo, its best showing of the season. PHOTOS: Fall TV Death Pool: Which New Shows Will Be Axed? ABC had one lone new offering for the night, the 8:00 p.m. broadcast of Last Man Standing. It earned a 2.2 among adults 18-49, down a whopping 19 percent from last week for a new series low. Repeats of Last Man Standing, The Middle, Suburgatory and Body of Proof gave ABC a 1.5 for the night. 90210 and Ringer were also reruns for the CW, giving the network a 0.3 for the night. Tuesday, Dec. 13, Overnight Ratings: 8 p.m. CBS: NCIS (19.0 million viewers, 3.5 rating in adults 18-49) Fox: Glee (7.1 million, 2.9) ABC: Last Man Standing (7.5 million, 2.2) NBC: William & Kate: Inside the Royal Marriage (5.3 million, 1.2) The CW: 90210 (R) (821,000, 0.3) 8:30 p.m. ABC: Last Man Standing (R) (6.1 million, 2.0) 9 p.m. Fox: New Girl (6.8 million, 3.3) CBS: NCIS: Los Angeles (16.3 million, 3.0) NBC: The Biggest Loser (7.5 million, 2.5) ABC: The Middle (R) (4.6 million, 1.5) The CW: Ringer (R) (604,000, 0.2) 9:30 p.m. Fox: Raising Hope (5.1 million, 2.3) ABC: Suburgatory (R) (3.8 million, 1.3) 10 p.m. NBC: The Biggest Loser (8.05 million, 2.9) CBS: Unforgettable (11.2 million, 2.1) ABC: Body of Proof (R) (4.8 million, 1.1) TV Ratings

First trailer and poster for Rock Of Age range

The very first trailer for Rock Of Age range has showed up online, and odds are have you ever possessed an album from the kind of Journey, Foreigner or Whitesnake, you are likely to like it.Modified in the stage musical and hang among the crotch-thrusting excesses from the 1980s, the film sees "smalltown girl" (see what we should did there?) Julianne Hough fall mind over heels with Diego Boneta's city boy (sorry), while Cruise hair-metal rocker rips it on-stage.Meanwhile, Catherine Zeta Johnson plays a spiritual wing-nut who does not like rock 'n roll, and will not be placing a cent anywhere near that jukebox.Have a look in the trailer below... Like a celebration of the musical era that's essentially one lengthy guilty pleasure, enjoyment of that one will probably relaxation in your tolerance for middle-aged males in spandex and interminable, finger-shredding guitar solos. Fortunately, we are quite keen on everything, and thus will most likely give it a glance!Alec Baldwin, Russell Brand, Malin Akerman and Paul Giamatti are one of the supporting cast, with Hairspray's Adam Shankman filling the director's chair. Time for you to pull out the old Poison album in front of the film's release on 8 June 2012.

Peter Weller Joins Star Trek Sequel

First Published: December 5, 2011 3:51 PM EST Credit: Getty Images LOS ANGELES, Calif. -- Caption Peter Weller attends 49th Annual NY Film Festival screening of The Adventures of Buckaroo Banzai Across the 8th Dimension at Alice Tully Hall on October 15, 2011 in NY CityRobocop actor Peter Weller is joining the cast of director J.J. Abrams big-screen Star Trek sequel. An APA talent agency spokesman for Weller said Monday the actors role is a principal one in the film, but details were being kept under wraps. Wellers sci-fi credentials include the Robocop films and the TV series Odyssey 5. He has guest-starred on shows including Dexter, 'Fringe and Psych. His directing credits include Monk and the TV movie Elmore Leonards Gold Coast. The second Star Trek film will include the return of stars Chris Pine and Zachary Quinto. The film is set for a May 2013 premiere. Copyright 2011 by The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Original Robocop Peter Weller Adds To SciFi Resume With Star Trek Sequel

Peter Weller’s reps confirm he’s joining the cast of JJ Abrams’ Star Trek sequel, in what is a principal role but one they would not specify. Weller, best known in feature scifi circles for his iconic role as Robocop has been busy as a director, and for acting stints on 24, Dexter, Fringe and Psych. Paramount will release the Star Trek sequel May 17, 2013. Alice Eve and Benicio Del Toro are likely to take part, joining the returning original cast that is headed by Chris Pine and Zachary Quinto. Who should Weller play? Paramount and Abrams spent the weekend knocking down a speculative report Del Toro would play the Kahn role that Ricardo Montalban played in the original Star Trek series and the 1982 feature film. Weller’s repped by APA and BMP.

Castle: Beckett and Castle Get "Hooked Up" in "Cuffed"

Nathan Fillion, Stana Katic Castle's Detective Kate Beckett has revealed a lot in her shrink's office this season.Castle's Stana Katic: Sniper case brings Castle and Beckett closer to a relationshipIn the Season 4 premiere, Beckett (Stana Katic) confessed that she remembered everything about her near-fatal shooting, thus revealing that she'd been lying to Castle (Nathan Fillion) about hearing him say, "I love you." But in the show's most recent episode, Beckett told her therapist (Michael Dorn) that she's ready to move past her mother's murder and be defined by a real relationship."She is moving towards trying to get some clarity in her life," creator Andrew W. Marlowe tells TVGuide.com of how far Beckett has come so far this season. "She is coming to an understanding about how deeply she is affected by all this stuff. ... She is starting to understand the reasons why she is driven to do the things that she is driven to do, and she wants to be able to push past that and take a step into a bigger world emotionally."Castle is not just a passing fancy or one-night stand for her," Marlowe continues. "So if she is going to jump in, she wants to make sure that she is ready to have the right kind of relationship. It is nice to see her moving in the right direction."Check out photos of the Castle castEven so, fans shouldn't expect an instant hookup between Castle and Beckett. And yet, in Monday's episode (10/9c, ABC) the two will be hooked up - with handcuffs. In the aptly titled "Cuffed," Castle and Beckett wake up together only to realize that they've been bound in a mysterious surrounding with no memory of how they got there."We wanted to have fun," Marlowe says of the episode. "We wanted to actually put the two of them together and have them physicalize certain aspects of their relationship. And we got to see them being a little playful with each other even though the situation seems like it is dark and difficult."We wanted to see the two of them working together and finding that rhythm," he continues. "The whole context of the episode is what it means to have a successful relationship and what it means to be in sync. ... Castle and Beckett start the episode out of rhythm and find it as they move forward. It's just our way of showing the audience the progress that these guys have made and their ability to work together to resolve the situation."Castle Boss: Castle and Beckett's new secrets are a "ticking bomb" And even though this is the show's last episode before the holiday break, Marlowe assures us that the couple will still be in sync when the show returns in January. "There are always going to be interesting challenges that we confront ... their relationship with, but I think they've found a pretty decent place," Marlowe says. "I think that we all know that they're working for the same goal."But?(There's always a "but," isn't there?)"We also know that this season they're keeping some secrets from each other," Marlowe teases. "And those are going to have to be dealt with. They'll start coming up as we get into the spring. That ticking time bomb is always there."Castle airs Monday at 10/9c. Watch a "kinky" clip from "Cuffed" below:

Dr. Conrad Murray Files Appeal, Will Represent Themselves

First Launched: December 2, 2011 8:07 PM EST Credit: Getty Images Caption Defense attorney J. Michael Flanagan, Dr. Conrad Murray and defense attorney Erection dysfunction Chernoff in the courtroom on November 3, 2011 in Los AngelesLOS ANGELES, Calif. -- Dr. Conrad Murray filed an appeal in La Superior Court on Friday over his involuntary wrongful dying conviction inside the dying of Michael Jackson, Access Hollywood has confirmed. Inside the documents, acquired by Access, Dr. Murray has in professional per listed beneath his title round the legal filing, showing he'll be representing themselves throughout his appeal. In addition, Dr. Murray has requested trial materials, for instance transcripts, opening claims and written motions, be shipped to him. The address listed near the top of the documents is ideal for the Mens Central Jail, where he's serving out his four-year jail sentence. As formerly reported on AccessHollywood.com, at Dr. Murrays sentencing hearing this year's week, La Superior Court Judge Michael Pastor belittled the physician. Dr. Murray created some conditions and increased being associated with a cycle of horrible medicine, the judge mentioned. The idea of propofol for medicine madness, which violated his sworn obligation, your money can buy, fame prestige along with other things may have happened, the judge added. A telephone call placed by Access Hollywood to Nareg Gourjian, one of the lawyers who represented Dr. Murray throughout his trial, wasn't immediately returned. Copyright 2011 by NBC Universal, Corporation. All rights reserved. These elements is probably not launched, broadcast, rewritten or redistributed.

Social media money trail

The social media phenom is doing greater than create multiple shops for showbiz talent attempting to build number of fans and auds. It's also allowed an growing quantity of stars to take advantage of burgeoning revenue streams from online sites, virtual cell phone industry's an online-based games through high quality merchandise.You will discover two aspects to income generating via social media: The completely new social media mavens are increasingly being paid out to tout products online more speculatively, furthermore they purchase start-up companies.Justin Timberlake, Snoop Dogg, T-Discomfort, RuPaul, Tila Tequila, Paris Hilton and 50 Cent are among people consuming a little of what's thought by investment bank Piper Jaffray to become $3.75 billion global market this year in virtual goods, predicted to develop to $6 billion by 2013."It is something new category wealthy in earnings, no inventory problems, and finished control of items," states Serta Jansen, founder and Boss of Virtual Best, a company that's a specialist in "virtual goods," which states it reps a $4 billion global market.Virtual Greats' platform brings copyrighted material into websites and casual games, and connects fans to stars, artists, intellecutal propertry holders and kinds. "We create high quality virtual items which we sell in micro-transactions, which average about $2.50 each, but could progress much greater when they have functionality, for instance an Basketball basketball that dribbles," states Jansen.Many of the goods -- that stars and kinds reap about 30% in the revenue after 10% sales costs and splits with social networks and corporations like Virtual Best -- are items for avatars for instance Elvis Presley's blue suede shoes or Snoop Dogg's Dobermans, found in virtual cell phone industry's like WeeWorld and Zwinky.Jansen states Virtual Best has offered about $400,000 cost of Snoop-high quality merchandise formerly couple of years. Some say such revenue is situated money, requiring almost no time or effort, including influential stars that are paid out to tweet about products, apparently at around $10,000 a tweet.Beverly Slopes-based Adly can be a venture-funded company that meets brands like NBC, The brand new the new sony and American Airline carriers with influential names with large Twitter fans, like Hilton and 50 Cent, for hooking up them directly with clients.Another trend: high-profile stars buying and selling in tech-sector start-ups. Leonardo DiCaprio recently devoted to Mobli, an Israel-based visual media platform that enables clients follow channels that display subject-driven photos. Justin Timberlake needed an possession stake in Bebo and started making proper and artistic options for that organization. More youthful crowd devoted to early-stage augmented reality company Dekko and Stipple, which allows people to label, share and advertise on photos.Ashton Kutcher has their very own investment fund, A Grade, which has purchase of a dozen online businesses, including Foursquare, Fashism and Flipboard, while Rhianna devoted to Backplane, a social networking site for stars.People who would like to similarly purchase early-stage social media and tech companies can enter as angel traders -- and anticipate to lose everything. "In the wealth management resource allocation perspective, unless of course obviously someone desires to devote significant time to pursue options, and do this just like a side job, it is not easy,Inch states Andreas Stavropoulos, controlling director of Draper Fisher Jurvetson, a Plastic Valley investment finance firm.To have the ability to spread around the risk by buying and selling in multiple companies, traders can try to find yourself in well-handled VC funds rather than attempting to cherry-choose the following Facebook or Groupon, but even that is not easy. The cash is just elevated every two or three many a lot of the participants are financial institutions rather than high internet worth people.But like other situations where clout opens entrance doors, knowing someone and could bring something for the table, you're more apt to enter -- getting a caveat: "Typically these cash is oversubscribed," states Stavropoulos. "You might want a $5 million stake, and you also only get $3 million. That's it.InchSHOWBIZ WEALTH MANAGEMENT REPORTHelping hands lifts bizzers Segal can get kudo as biz manager No boom, no bust Preventing the lower-side of Westside wealth Social media money trail Contact the number newsroom at news@variety.com