Joshua Kushner was just 26 years old when he founded Thrive Capital in 2011. Since then, his firm has backed some of the most notable startups of the past decade, including Instagram, Spotify, and most notably, OpenAI.
The tech startup has become ubiquitous because of ChatGPT, which launched in 2022 to nearly overnight success. At the time, not many were willing to invest in the newcomer, and even Sam Altman himself told Kushner that the company was anything but a sure bet.
But Thrive has ultimately put in around $1.3 billion into the ChatGPT maker since its inception.
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The tech startup has become ubiquitous because of ChatGPT, which launched in 2022 to nearly overnight success. At the time, not many were willing to invest in the newcomer, and even Sam Altman himself told Kushner that the company was anything but a sure bet.
But Thrive has ultimately put in around $1.3 billion into the ChatGPT maker since its inception.
#openai #ai #samaltman
Subscribe to Fortune -
http://www.youtube.com/subscription_center?add_user=FortuneMagazineVideo
Fortune Magazine is a global leader in business journalism with 55 million monthly page views and a readership of nearly 32 million, with major franchises including the Fortune 500 and the Fortune 100 Best Companies to Work For. The new Fortune video channel dives into personal stories from business owners and entrepreneurs becoming successful in business and sharing their tips to help you reach your goals.
Website: http://fortune.com/
Facebook: https://www.facebook.com/FortuneMagazine
Twitter: https://twitter.com/FortuneMagazine
TikTok: https://www.tiktok.com/@fortune
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