Bob Iger will rejoin the Thrive Capital technology investment fund as a consultant, just one month after leaving his executive position at The Walt Disney Company.
Previously, Bob Iger joined Thrive Capital as a venture capital partner at the end of 2022. However, he left the fund after two months to return to lead Disney at the request of the board of directors, after leaving the company for the first time in 2020.
Thrive Capital founder Josh Kushner said Bob Iger returned in a period when leadership ability and operating experience were considered particularly important to the company.
According to the Wall Street Journal, Bob Iger currently owns shares in Thrive Capital and will participate in supporting the investment team as well as the founders in the fund's portfolio. However, his new role is said to be not full-time.
According to data from PitchBook, Thrive Capital is managing more than 50 billion USD in assets. Earlier this year, this fund announced the successful raising of 10 billion USD for its 10th investment fund, the largest level since its establishment 17 years ago.
Thrive Capital is currently investing in many large technology companies such as OpenAI, Stripe and SpaceX. This fund also owns shares in Cursor, a technology startup that is attracting attention in the AI market.
