Bob Iger has chosen the next step of his career after stepping down as CEO of The Walt Disney Company, joining the venture capital firm Thrive in an advisory role.
According to The Wall Street Journal, which first reported on Iger’s hire, the former executive will work with the firm’s staff on investments and with founders of companies in Thrive’s portfolio, including OpenAI’s Sam Altman, with whom Iger inked a $1 billion deal between OpenAI and Disney that fell apart after the former shut down its generative AI video software, Sora.
Thrive Capital was founded by Joshua Kushner, a former Goldman Sachs banker and son of real estate developer Charles Kusher and brother of President Trump’s son-in-law Jared Kushner. The company’s portfolio also includes entertainment and media companies like Spotify and indie film studio A24.
More to come…
