Venture Firm Thrive Capital Raises Another Fund - The New York Times
(Image by dealbook.nytimes.com) Details DMCA
"At 31, Joshua Kushner has built his technology investment firm — Thrive Capital, which has financed the photo-sharing app Instagram and the e-commerce company Jet.com, among others — largely behind the scenes, but with his older brother’s growing role in the incoming administration, he is getting caught up in the scrutiny. Two of his worlds are colliding. He has grappled with many questions over Oscar Health, one of his most prominent investments, which sells health insurance to individuals under President Obama’s Affordable Care Act. That is a law that Jared Kushner is uniquely positioned to influence. He has had to deal with queries from investors in his venture capital funds. Some worried that the presidential circus would be a distraction, especially since ties with his brother might make it difficult to maintain a distance."