Thrive Capital

[7] In 2011, the firm launched its first institutional fund, raising another $40 million from Princeton University, Wellcome Trust, Peter Thiel and other investors.

[8] Jared sold his entire Thrive Capital stake to avoid conflict of interest between him and the Trump administration.

[13] The firm stated as part of its regulatory filing that it planned to use some funds to investment in public companies and crypto assets.

[1] In January 2023, a group of five investors, Bob Iger, Mukesh Ambani, Henry Kravis, Xavier Niel and Jorge Paulo Lemann, acquired a 3.3% stake of Thrive Capital.

[17][18] The firm is noted for being an early investor in several high-profile technology platforms such as Instagram, GitHub, Spotify and Twitch, Physical Intelligence, and Anysphere.