Bob Iger rejoins Thrive Capital as advisor after Disney exit - BERITAJA

In Brief

Bob Iger is returning to Thrive Capital arsenic an advisor, conscionable 1 period aft stepping down arsenic CEO of Disney, a domiciled he held for about 2 decades.

Iger antecedently served a two-month stint arsenic a task partner astatine the patient successful precocious 2022, but near erstwhile the Disney committee asked him to retake the helm of the media conglomerate, pursuing his first departure from the institution successful 2020.

“Bob leads pinch boldness and condemnation because he knows what he is building and why. He is rejoining Thrive astatine a clip erstwhile that benignant of activity matters most,” Thrive’s laminitis Josh Kushner posted connected X.

Iger, who already owns a liking successful the firm, will activity pinch Thrive’s finance unit and portfolio founders, the Wall Street Journal reported. However, his advisory domiciled will apt not require a full-time commitment.

Thrive manages complete $50 cardinal successful assets, according to PitchBook. In February, the patient announced that it raised $10 cardinal successful superior commitments for its 10th fund, the largest successful the firm’s 17-year history. Thrive holds important stakes successful OpenAI, Stripe, and SpaceX. The patient besides amassed a 7% ownership liking successful Cursor, whose imaginable waste to SpaceX could beryllium worthy about $4.2 billion, Bloomberg reported.

Subscribe for the industry’s biggest tech news