Oscar-winning actor Kevin Spacey has been speaking about his motivations for investing in startups.

The American star is in Munich taking part in the Bits and Pretzels conference, a 3-day event where startups and founders share their experiences and vision – which concludes with  “the sensational finale at the Oktoberfest.”

“I love good ideas,” he said. “I am very Interested in new technologies in terms of what is happening in the entertainment business and how we’re capturing that and how we’re going to display it in the years to come. And sometimes it is the individual, you think the individual is worth investing in – so sometimes it’s about people.”