Josh Kushner's Thrive Capital Strikes Gold in GitHub Deal
- VC firm invested $150 million for about a 9% stake in company
- Thrive joins Andreessen, Sequoia in reaping returns from deal
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Add Josh Kushner to the shortlist of major winners in Microsoft Corp.’s $7.5 billion purchase of GitHub Inc.
Kushner’s New York-based venture fund, Thrive Capital, had invested about $150 million for a roughly 9 percent stake in the online platform for developers to share and work together on software code, according to a person familiar with the deal. It was both the firm’s largest investment and biggest return since Kushner founded Thrive a decade ago, the person said. Axios earlier reported Thrive’s involvement in the deal.