April 23 (Reuters) – Former Disney Chief Executive Bob Iger is back at Thrive Capital, founder Josh Kushner said on Thursday.
“Bob leads with boldness and conviction because he knows what he is building and why. He is rejoining Thrive at a time when that kind of leadership matters most,” Kushner said in a post on X.
Iger has taken an advisory role at Thrive, working with the firm’s staff on investment decisions and advising founders of companies in Thrive’s portfolio, according to the Wall Street Journal, which had reported the development earlier.
• Iger joined Thrive Capital as a venture partner in September 2022, advising on day-to-day initiatives including mentoring startup founders and identifying new investment opportunities.
• Iger first stepped down as Disney’s CEO in 2020 after a 15‑year stint. He returned to run the company in November 2022 and stepped down from the role last month.
• He will remain on Disney’s board until the end of the year.
• Thrive Capital, which invests in internet, software, and technology-enabled companies, raised $10 billion for its latest fund.
• Kushner, who is the brother of U.S. President Donald Trump’s son-in-law Jared Kushner, founded Thrive in 2009.
(Reporting by Koyena Das in Bengaluru and Juby Babu in Mexico City; Editing by Maju Samuel)
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