Thrive Capital

Joshua Kushner founded Thrive Capital in 2009 at just 24 years old, initially funding it himself before raising outside capital from investors including Princeton University, the Wellcome Trust, and Peter Thiel. Thrive has stayed deliberately small in deal volume - funding only 8 to 12 new companies most years - while making some of the earliest bets on Instagram, and more recently OpenAI, a concentrated approach that has made it one of the highest-returning firms of its size.

$10B+ (latest fund) AUM 79/100 Power Score™ 2009 Founded New York, NY
Consumer Internet AI
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Signature Exit

An early stake in Instagram years before its acquisition by Facebook

Key Partners & Leadership

Founder

Firm Timeline

2009
Joshua Kushner founds the firm at age 24, initially funding it himself.
2011
Raises its first institutional fund, with Princeton University and the Wellcome Trust among early backers.
2012
Makes one of its earliest and most famous bets on Instagram, years before its acquisition by Facebook.
2020s
Becomes one of the earliest and largest institutional investors in OpenAI.

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