Joshua Kushner

Joshua Kushner
Born (1985-06-12) June 12, 1985 (age 29)
Alma mater Harvard University (B.S.)
Harvard Business School (M.B.A.)
Occupation Principal director of Kushner Properties
Owner of Vostu and Thrive Capital
Parents Charles Kushner and Seryl (Stadtmauer) Kushner
Relatives Jared, Dara, and Nicole (siblings)
Ivanka Trump (sister-in-law)
Arabella Rose Kushner (niece)

Joshua Kushner (born June 12, 1985) is the founder and Managing Partner of the investment firm Thrive Capital.

Early life, personal life and education

Kushner grew up in a Jewish family in Livingston, New Jersey.[1] He is the son of Seryl (Stadtmauer) and real estate developer Charles Kushner. He graduated from Harvard University in 2008 and Harvard Business School in 2011.[2][3] His brother, Jared Kushner, is the CEO of Kushner Companies.

Career

Goldman Sachs

Kushner started his career in the Private Equity Group at Goldman Sachs, in the Merchant Banking Division.[4]

Thrive Capital

In 2009, Kushner founded Thrive Capital, a private equity and venture capital firm that focuses on media and internet investments.[5] Since its founding, Thrive has raised $200 million from institutional investors, including Princeton University, Wellcome Trust, and Hall Capital.[6]

The New York Times reported in September 2012, that Kushner raised $150 million for the firm’s most recent fund- Thrive III $150. Previous funds included the $40 million Thrive II, which was raised in late 2011.[6]

According to a profile in Forbes, Thrive was one of three firms (joining Sequoia Capital and Greylock Partners) to invest in Instagram's $50 million Series B round at a valuation of $500 million. Forbes wrote that after Instagram sold to Facebook, "Thrive had doubled its money in 72 hours."[4]

For his work with Thrive, Kushner was named to Forbes’ 30 Under 30 list and Vanity Fair’s Next Establishment.[7][8]

Real estate

Kushner serves as a principal director of Kushner Properties, a diversified private real estate organization involved in the ownership, development, and management of multifamily, commercial, retail, industrial and hotel properties throughout the Northeast and Mid-Atlantic regions of the United States. In addition, its holdings include the Observer Media Group, of which Kushner is a board member. He is also a vice chairman of Art.sy[9] and is on the Paley Center’s board of trustees.[10]

Vostu

In 2007, during his junior year at Harvard, Kushner co-founded Vostu. The company has since grown to be the largest social gaming company in Latin America and is now headquartered in Buenos Aires, Argentina. Over 20% of Brazil's internet population plays the company's games.[3][5] Kushner has since left Vostu to focus on Thrive.

Oscar

Kushner is hoping to reinvent health insurance through a new startup called Oscar. The company will launch its pilot program this fall in New York. Kushner has raised 40 million for Oscar in his first round of investments.[11]

References

This article was sourced from Creative Commons Attribution-ShareAlike License; additional terms may apply. World Heritage Encyclopedia content is assembled from numerous content providers, Open Access Publishing, and in compliance with The Fair Access to Science and Technology Research Act (FASTR), Wikimedia Foundation, Inc., Public Library of Science, The Encyclopedia of Life, Open Book Publishers (OBP), PubMed, U.S. National Library of Medicine, National Center for Biotechnology Information, U.S. National Library of Medicine, National Institutes of Health (NIH), U.S. Department of Health & Human Services, and USA.gov, which sources content from all federal, state, local, tribal, and territorial government publication portals (.gov, .mil, .edu). Funding for USA.gov and content contributors is made possible from the U.S. Congress, E-Government Act of 2002.
 
Crowd sourced content that is contributed to World Heritage Encyclopedia is peer reviewed and edited by our editorial staff to ensure quality scholarly research articles.
 
By using this site, you agree to the Terms of Use and Privacy Policy. World Heritage Encyclopedia™ is a registered trademark of the World Public Library Association, a non-profit organization.