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Thrive Investor Letter Reveals OpenAI-Fueled Growth, Stake Sale

Thrive Capital’s 2022 early-stage venture capital fund, a $516 million investment vehicle that made early bets on OpenAI, SpaceX and Anduril Industries Inc., has grown to be worth more than $3.7 billion as of the end of June.That figure, which is net of fees and other charges, was included in a letter to limited partners sent by Thrive Chief Executive Officer and founder Josh Kushner earlier this week....

Read more at bloomberg.com

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