Thrive Capital was the only firm to offer OpenAI a term sheet in 2022 when the company raised capital at $29 billion valuation, investing approximately $130 million. In October 2024, Thrive led OpenAI's $6.6 billion round at $157 billion valuation with $1.3 billion. In December 2025, Thrive invested $1 billion more at $285 billion valuation. OpenAI CEO Sam Altman called Kushner "a more committed, more thoughtful, or harder-working investor" than anyone.
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Josh Kushner, Thrive Capital founder, has deep White House connections: his brother Jared is Trump's son-in-law and his father Charles is U.S. Ambassador to France (pardoned by Trump after 2005 conviction). Despite family ties, Kushner is described as "a lifelong Democrat." When asked about Elon Musk's government role, Kushner praised him: "I have extreme confidence that he is always going to do what he thinks is right for all Americans."
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Thrive Capital — Politics: MIXED Josh Kushner, Thrive Capital founder, has deep White House connections: his brother Jared is Trump's son-in-law and his father Charles is U.S. Ambassador to France (pardoned by … https://reciepts.tech/stance/1762