By Reuters Staff
2 Min Read
(Reuters) - Thrive Capital, owned by entrepreneur Joshua Kushner, said on Thursday it had raised $2 billion for a pair of early and late-stage funds, making it the largest fundraise for the venture capital firm.
Thrive, which has backed online brokerage Robinhood and grocery delivery app Instacart, was founded in 2009 by Kushner, the brother of former U.S. President Donald Trump’s son-in-law Jared Kushner.
About $500 million of Thrive’s new capital will be reserved for early-stage investments, while the rest will be earmarked for late-stage bets as part of Thrive VII.
The latest fundraise is twice the amount New York-based Thrive raised in 2018 for its sixth flagship fund, which at the time was its largest.
Unity Announces Fourth Quarter and Full Year 2020 Financial Results – Consumer Electronics Net consumerelectronicsnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from consumerelectronicsnet.com Daily Mail and Mail on Sunday newspapers.
Richard Davis
Thank you, and welcome, everyone, to Unity s financial results webcast. Today, we ll be highlighting our results for the fourth-quarter and for the full fiscal year of 2020. With me on the call today is John Riccitiello, president, chief executive officer, and executive chairman; and Kim Jabal, senior vice president and chief financial officer. Now one of our goals on this call is to help investors understand our business model and we re going to try to do this in an efficient manner.
So after the close, we published a shareholder letter with financial commentary and guidance. And on this call, we will begin with brief remarks from John, then we will answer questions that we collected and consolidated from analysts, investors and investors. And finally, time permitting, we ll have the last 10 minutes or so for panelists to ask questions additional questions. So let s go on to the safe harbor statement.
Roblox Stock to Debut Directly on the New York Stock Exchange
Roblox Stock to Debut Directly on the New York Stock Exchange January 28, 2021 14:29 UTC
Roblox stock is due to be listed on the New York Stock Exchange imminently. But what can we expect from its listing? In our article, we will take an in depth look at Roblox, what we know about its listing and much more!
An Introduction to Roblox
Roblox, founded in 2004, is an online gaming platform and game creation system, which allows users and developers to program games and to play games which have been programmed by others.
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