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Spamalot actor wants to revolutionize the world's waste
posted by: Randy Barber
KUSA - John O'Hurley is one of the hardest working entertainers around-hosting Family Feud, the National Dog Show, and staring in a traveling version of Spamalot; but now he is trying to make a big difference as a businessman.
It probably isn't that surprising that O'Hurley has ventured into business; after all he played the part of a businessman so well on television. On Seinfeld, he often reprised his role as John Peterman, a fictionalized version of the catalog-company entrepreneur. In real life, O'Hurley has been a venture capitalist for several years.
He spoke to 9NEWS on Thursday, the day after his latest musical, Spamalot, opened in Denver. While he is still excited about performing, his favorite topic is his investments.
"As I've matured in my investing strategies, I've been more of a solution driven investor. I look for things that are really a 'Wow," O'Hurley said.
Recently, he founded Energy Inc. after finding a biomass technology that amazed him.
"It takes all of our waste streams, with the exception of nuclear waste... and turns it into energy, usable energy," O'Hurley explained.
While he didn't explain specifics, he did say that it could revolutionize the way companies and communities look at waste.
"They'll look at their waste as a commodity instead of a red line item that they're always paying money for," O'Hurley said.
He claims that an investment into this technology can pay for itself in only two years.
"I can't think of another investment that you can make that pays for itself within two years," he said.
O'Hurley says the birth of his now 2-year-old son lead him to investments in renewable energy.
"A lot of things changed when I had my son. I was a selfish, self absorbed bachelor. Then I got married and became a selfish, self absorbed husband. When I had a child suddenly everything changed. I started to think about clearing the path for my child," O'Hurley said.
He continued, "All of my investments right now are really driven toward that because I don't like the landscape I see down the road."
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