{"id":2107,"date":"2022-09-13T16:16:13","date_gmt":"2022-09-13T16:16:13","guid":{"rendered":"https:\/\/friscotimes.org\/?p=2107"},"modified":"2024-11-11T06:14:07","modified_gmt":"2024-11-11T06:14:07","slug":"bob-iger-joining-thrive-capital-venture-capital-firm-as-executive-mentor-and-trend-spotter","status":"publish","type":"post","link":"https:\/\/friscotimes.org\/?p=2107","title":{"rendered":"Bob Iger joining Thrive Capital venture-capital firm as executive mentor and trend spotter"},"content":{"rendered":"\n<div data-cy=\"article-content\">\n<p>Former Disney CEO Robert Iger is joining Thrive Capital\u2014a VC firm founded by Joshua Kushner\u2014as a venture partner, a role that will see him mentor startup founders and seek out new investment opportunities.<\/p>\n<div class=\"paywall\">\n<p>He stepped down as Disney\u2019s chief executive in 2020, and was <a href=\"https:\/\/www.cnbc.com\/2020\/02\/25\/disney-names-bob-chapek-next-ceo.html#:~:text=Disney%20announced%20Tuesday%20that%20CEO,assume%20the%20role%20of%20CEO.\" target=\"_blank\" class=\"sc-93594058-0 fowfrQ  \" aria-label=\"Go to https:\/\/www.cnbc.com\/2020\/02\/25\/disney-names-bob-chapek-next-ceo.html#:~:text=Disney%20announced%20Tuesday%20that%20CEO,assume%20the%20role%20of%20CEO.\" rel=\"noopener\">replaced by Bob Chapek<\/a>, chairman of the entertainment giant\u2019s parks, experiences, and products.<\/p>\n<p>Iger\u2019s new professional venture was first reported by the <em>Wall Street Journal <\/em><a href=\"https:\/\/www.wsj.com\/articles\/former-disney-ceo-robert-iger-to-join-venture-firm-thrive-capital-11663061402?st=o95lgtvypygvlod&amp;reflink=desktopwebshare_permalink\" target=\"_blank\" class=\"sc-93594058-0 fowfrQ  \" aria-label=\"Go to https:\/\/www.wsj.com\/articles\/former-disney-ceo-robert-iger-to-join-venture-firm-thrive-capital-11663061402?st=o95lgtvypygvlod&amp;reflink=desktopwebshare_permalink\" rel=\"noopener\">on Tuesday<\/a>.<\/p>\n<p>While Iger will not be working at the Thrive Capital full-time, the \u201cidea is for him to be involved in all the things that we do,\u201d Kushner\u2014who is the brother of former President Donald Trump\u2019s son-in-law Jared Kushner\u2014told the <em>WSJ<\/em> in an interview.<\/p>\n<p>Thrive Capital, an investment firm that builds and invests in tech companies, has backed some of Silicon Valley\u2019s most prominent startups, including Instagram, Spotify, and payments firm Stripe.<\/p>\n<p>In February, the company raised $3 billion for two funds, even while tech stocks cooled in <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-08-16\/stocks-set-for-firm-asia-open-as-oil-holds-losses-markets-wrap\" target=\"_blank\" class=\"sc-93594058-0 fowfrQ  \" aria-label=\"Go to https:\/\/www.bloomberg.com\/news\/articles\/2022-08-16\/stocks-set-for-firm-asia-open-as-oil-holds-losses-markets-wrap\" rel=\"noopener\">a widespread selloff<\/a>.<\/p>\n<p>Kushner said he first approached Iger with a proposition about joining Thrive Capital when he stepped down as chairman of Disney\u2019s board last year.<\/p>\n<p>Since his departure from Disney, Iger has invested in various startups, including Australian <a href=\"https:\/\/www.cnbc.com\/2022\/05\/29\/former-disney-ceo-bob-iger-takes-stake-in-australian-design-company-canva.html\" target=\"_blank\" class=\"sc-93594058-0 fowfrQ  \" aria-label=\"Go to https:\/\/www.cnbc.com\/2022\/05\/29\/former-disney-ceo-bob-iger-takes-stake-in-australian-design-company-canva.html\" rel=\"noopener\">design firm Canva<\/a>, <a href=\"https:\/\/variety.com\/2022\/digital\/news\/bob-iger-gopuff-investment-1235270956\/\" target=\"_blank\" class=\"sc-93594058-0 fowfrQ  \" aria-label=\"Go to https:\/\/variety.com\/2022\/digital\/news\/bob-iger-gopuff-investment-1235270956\/\" rel=\"noopener\">delivery service Gopuff<\/a>, and metaverse company Genies, where he also sits on the board of directors.<\/p>\n<\/div>\n<div class=\"sc-30bdb254-0 kxagCu article\" data-cy=\"subscriptionPlea\">\n<p>Sign up for the\u00a0<em>Fortune <\/em>Features email list so you don\u2019t miss our biggest features, exclusive interviews, and investigations.<\/p>\n<\/div>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>Former Disney CEO Robert Iger is joining Thrive Capital\u2014a VC firm founded by Joshua Kushner\u2014as a venture partner, a role that will see him mentor startup founders and seek out&hellip;<\/p>\n","protected":false},"author":288,"featured_media":2108,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[6],"tags":[3040,1361,2844,3044,3041,2597,3045,3047,3042,3046,3043],"jetpack_publicize_connections":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bob Iger joining Thrive Capital venture-capital firm as executive mentor and trend spotter - Frisco Times<\/title>\n<meta name=\"description\" content=\"The former Disney CEO has 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