Thrive Capital’s First Investor Letter Shows How Completely OpenAI Has Come to Define It
3 Articles
3 Articles
Thrive Capital’s first investor letter shows how completely OpenAI has come to define it
A Thrive Capital fund has swelled to about $3.7bn on OpenAI and SpaceX bets, Joshua Kushner’s first formal investor letter reveals, and the firm is quietly selling part of its OpenAI stake.
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.
Thrive Capital Finds its Lane as a New Kind of Venture Investor
The Week in ShortThrive Capital raises a fresh $2 billion for Thrive Holdings and will own a piece of the Los Angeles Lakers. Prediction markets are on a roll as Kalshi and Polymarket seek fresh funds at $40 billion and $20 billion, respectively, but we’re not fans of the category. Open-source AI is still scarce in the enterprise, despite all the hype. XAI co-founder Igor Babuschkin raises $1.1 billion for his new venture. European startup stars…
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