Do you know what movie star Ryan Reynolds did with his Deadpool money? He bought an ownership stake of the prepaid phone plan company Mint Mobile.
As TechCrunch recently reported, Reynolds now owns more than 25% of the company; a press release trumpeted that Reynolds is going to make drastic changes to the company, stating that he “will help with Mint’s communications and marketing efforts as well as strategic decision-making.” Mint Mobile focuses on inexpensive prepaid phone plans for low-income families.
“Celebrities generally invest in high-end products like skincare brands or delicious gin companies. Yet, Mint is making wireless way more affordable at a time when the average American is paying $65 a month,” Reynolds said in the press release. “I’m excited to champion a more practical approach to the most essential technology.”