Thrive Capital Investor Letter Details OpenAI-Fueled Growth and Stake Sale

Thrive Capital's first formal investor letter, authored by Joshua Kushner, revealed significant growth driven by its investment in OpenAI. The letter also disclosed a stake sale within the firm.

14 Aug, 00:55 — 14 Aug, 00:55

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bloombergHigh1d ago

Thrive Investor Letter Reveals OpenAI-Fueled Growth, Stake Sale

Thrive Capital’s 2022 early-stage venture capital fund, a $516 million investment vehicle that made early bets on OpenAI, SpaceX and Anduril Industries Inc., has grown to be worth more than $3.7 billion as of the end of June.

By Natasha Mascarenhas

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Thrive Capital Investor Letter Details OpenAI-Fueled Growth and Stake Sale

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Thrive Investor Letter Reveals OpenAI-Fueled Growth, Stake Sale

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