FUNDING
Coverage Timeline
newest first- Sep 10, 2026FUNDINGVC Firms Are Buying Sports Teams And Cards→
- Sep 2, 2026BIG TECHPalo Alto Networks Pays $500M for Console$500M acquisition→
- Sep 1, 2026FUNDINGThrive Hires Musk's Lawyer Over a Dead $4.2B FIFA Deal$4.2B secondary→
- Aug 28, 2026FUNDINGThrive Backs Retro's $21M Bet Against Feeds$21M Series A→
- Aug 14, 2026FUNDINGThrive Capital Finds Its Own VC Lane→
- Aug 14, 2026AIJoshua Kushner Is Right About AI's Discipline Problem$2B (Thrive Holdings raise)→
- Aug 14, 2026FUNDINGThrive's Joshua Kushner Buys the Lakers for $12.5B→
- Aug 12, 2026FUNDINGThrive Holdings Raises $2B to Buy and Rewire Firms With AI$2B at $12B valuation→
All Coverage
FUNDING
VC Firms Are Buying Sports Teams And Cards
Thrive Capital, Collaborative Fund and a Griffin Gaming managing director are all redirecting venture money and personal capital into sports franchises and trading cards as a hedge against startup-market froth.
DEEP DIVE
BIG TECH
Palo Alto Networks Pays $500M for Console
BIG TECH$500M acquisition
Palo Alto Networks Pays $500M for Console
Palo Alto Networks acquired Console, a two-year-old AI agent platform that automates IT help-desk tasks, for about $500 million in cash and stock -- a roughly 3x markup on the $157 million valuation Thrive Capital backed months earlier.
DEEP DIVE
FUNDING
Thrive Hires Musk's Lawyer Over a Dead $4.2B FIFA Deal
FUNDING$4.2B secondary
Thrive Hires Musk's Lawyer Over a Dead $4.2B FIFA Deal
Josh Kushner's Thrive Capital retained Alex Spiro of Quinn Emanuel after UEFA moved against FIFA over a scrapped plan in which Thrive would have led a $4.2 billion purchase of 20% of FIFA's commercial arm at a $20 billion valuation.
DEEP DIVE
FUNDING
Thrive Backs Retro's $21M Bet Against Feeds
FUNDING$21M Series A
Thrive Backs Retro's $21M Bet Against Feeds
Retro, a friends-only photo sharing app built by two former Instagram engineers, raised a $21 million Series A led by Thrive Capital after roughly 7 million downloads and a subscription-only model.
DEEP DIVE
FUNDING
Thrive Capital Finds Its Own VC Lane
FUNDING
Thrive Capital Finds Its Own VC Lane
A Newcomer profile describes Thrive Capital settling into three distinct strategies: a $9 billion growth fund, a $1 billion early-stage vehicle, and Thrive Holdings, which buys into AI-transformation bets inside existing companies.
DEEP DIVE
AI
Joshua Kushner Is Right About AI's Discipline Problem
AI$2B (Thrive Holdings raise)
Joshua Kushner Is Right About AI's Discipline Problem
Thrive Capital's Joshua Kushner used his firm's first-ever investor letter to warn rivals about AI euphoria -- notable, since his own fund just wrote a $2B check into an OpenAI-backed company.
TRACE'S TAKE
FUNDING
Thrive's Joshua Kushner Buys the Lakers for $12.5B
FUNDING
Thrive's Joshua Kushner Buys the Lakers for $12.5B
Thrive Capital founder Joshua Kushner has agreed to buy the Los Angeles Lakers for $12.5 billion, one of the largest sports franchise transactions ever, extending a venture investor's reach deep into professional sports ownership.
DEEP DIVE
FUNDING
Thrive Holdings Raises $2B to Buy and Rewire Firms With AI
FUNDING$2B at $12B valuation
Thrive Holdings Raises $2B to Buy and Rewire Firms With AI
Thrive Holdings, the Thrive Capital spinout that acquires services businesses and rebuilds them with AI, raised $2 billion at a $12 billion valuation from SoftBank, D1 Capital and Altimeter, with OpenAI as an equity holder.
DEEP DIVE