""Bob leads with boldness and conviction because he knows what he is building and why. He is rejoining Thrive at a time when that kind of leadership matters most," Thrive's founder Josh Kushner posted on X."
"Thrive manages over $50 billion in assets, according to PitchBook. In February, the firm announced that it raised $10 billion in capital commitments for its 10th fund, the largest in the firm's 17-year history."
"Thrive holds significant stakes in OpenAI, Stripe, and SpaceX. The firm also amassed a 7% ownership stake in Cursor, whose potential sale to SpaceX could be worth about $4.2 billion, Bloomberg reported."
Bob Iger is rejoining Thrive Capital as an advisor after recently stepping down as CEO of Disney. He previously had a brief role as a venture partner at Thrive in late 2022. Iger will collaborate with Thrive's investment staff and portfolio founders, although his role is not expected to be full-time. Thrive Capital manages over $50 billion in assets and recently raised $10 billion for its largest fund. The firm has significant investments in companies like OpenAI, Stripe, and SpaceX.
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