|Born||June 12, 1985|
|Alma mater||Harvard University (B.S.)
Harvard Business School (M.B.A.)
|Occupation||Principal director of Kushner Properties
Owner of Vostu and Thrive Capital
Seryl (Stadtmauer) Kushner
|Relatives||Jared Kushner (brother)
Ivanka Trump (sister-in-law)
Joshua Kushner (born June 12, 1985) is an American businessman and investor. He is the founder and Managing Partner of the investment firm "Thrive Capital".
Early life, personal life and education
Joshua Kushner grew up in a Jewish family in Livingston, New Jersey. He is the son of Seryl (née Stadtmauer) and real estate developer Charles Kushner. He graduated from Harvard University in 2008 and Harvard Business School in 2011. His brother, Jared Kushner, is the principal owner of Kushner Properties, his family’s real estate holding and development company, and The New York Observer, a newspaper publishing company which he purchased in 2005. He is the boyfriend of Karlie Kloss.
In 2009, Kushner founded Thrive Capital, a private equity and venture capital firm that focuses on media and internet investments. Since its founding, Thrive has raised $200 million from institutional investors, including Princeton University, Wellcome Trust, and Hall Capital.
The New York Times reported in September 2012, that Kushner raised $150 million for the firm’s most recent fund- Thrive III $150. Previous funds included the $40 million Thrive II, which was raised in late 2011.
According to a profile in Forbes, Thrive was one of three firms (joining Sequoia Capital and Greylock Partners) to invest in Instagram's $50 million Series B round at a valuation of $500 million. Forbes wrote that after Instagram sold to Facebook, "Thrive had doubled its money in 72 hours."
Kushner serves as a principal director of Kushner Properties, a diversified private real estate organization involved in the ownership, development, and management of multifamily, commercial, retail, industrial and hotel properties throughout the Northeast and Mid-Atlantic regions of the United States. In addition, its holdings include the Observer Media Group, of which Kushner is a board member. He is also a vice chairman of Art.sy and is on the Paley Center’s board of trustees.
In 2007, during his junior year at Harvard, Kushner co-founded Vostu. The company has since grown to be the largest social gaming company in Latin America and is now headquartered in Buenos Aires, Argentina. Over 20% of Brazil's internet population plays the company's games. Kushner has since left Vostu to focus on Thrive.
Kushner is hoping to reinvent health insurance through a new startup called Oscar. The company will launch its pilot program this fall in New York. Kushner has raised 40 million for Oscar in his first round of investments.
- "Forbes Features Members of the Tribe In 30 Under 30 / Jspace News". Jspace.com. 2011-12-29. Retrieved 2013-11-07.
- Alyson Shontell (2010-10-28). "Here Is Why VC And Entrepreneur Joshua Kushner Is Bothering To Get His MBA". Business Insider. Retrieved 2013-11-07.
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- "Thrive Capital Raises $150 Million Fund, Bolstering Profile". The New York Times. Retrieved 2013-11-07.
- "Joshua Kushner, Managing Partner, Thrive Capital, 26 - In Photos: 30 Under 30: Finance". Forbes. Retrieved 2013-11-07.
- Deligter, Jack (2012-03-21). "The Next Establishment". Vanity Fair. Retrieved 2013-11-07.
- "About". Artsy. Retrieved 2013-11-07.
- "Board of Trustees | The Paley Center for Media". Paleycenter.org. Retrieved 2013-11-07.
- "Thrive Capital’s Kushner Looks To Build A Modern Health Insurer With $40M For Oscar". TechCrunch. 2013-07-19. Retrieved 2013-11-07.