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===Goldman Sachs===
===Goldman Sachs===
Kushner started his career in the Private Equity Group at [[Goldman Sachs]], in the Merchant Banking Division.<ref name="Forbes2"/>
Kushner started his career in the Private Equity Group at [[Goldman Sachs]], in the Merchant Banking Division.<ref name="Forbes2"/>

===Vostu Controversy===
In 2007, during his junior year at Harvard, Kushner co-founded [[Vostu]]. The company, at one time, was the largest social gaming company in Latin America and is now headquartered in Buenos Aires, Argentina. Kushner no longer speaks about his time there, both in documents for his fund or in interviews, due to his disagreements with the founders about his true role in founding the company and in some cases referring to himself as the sole founder.<ref>{{cite web|title=NYU Entrepreneurs Speaker Series: Joshua Kushner|url=http://kunaltandon.com/post/18233864420/nyu-speaker-joshua-kushner}}</ref> Kushner was with Vostu for only a short period, leading to speculation about whether it was appropriate to even be calling himself a founder.


===Thrive Capital===
===Thrive Capital===

Revision as of 04:37, 3 August 2015

Joshua Kushner
Born (1985-06-12) June 12, 1985 (age 39)
Livingston, New Jersey
Alma materHarvard College (A.B.)
Harvard Business School (M.B.A.)
Occupation(s)Principal director of Kushner Properties
Owner of Vostu and Thrive Capital
Parent(s)Charles Kushner
Seryl (Stadtmauer) Kushner
RelativesJared Kushner (brother)
Ivanka Trump (sister-in-law)
Donald Trump Jr. (brother-in-law)
Eric Trump (brother-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 and co-founder of Oscar Insurance.

Early life and personal life

Joshua Kushner grew up in a Jewish family in Livingston, New Jersey.[1] 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.[2][3]

He is the boyfriend of model Karlie Kloss.[4][5]

Career

Goldman Sachs

Kushner started his career in the Private Equity Group at Goldman Sachs, in the Merchant Banking Division.[6]

Vostu Controversy

In 2007, during his junior year at Harvard, Kushner co-founded Vostu. The company, at one time, was the largest social gaming company in Latin America and is now headquartered in Buenos Aires, Argentina. Kushner no longer speaks about his time there, both in documents for his fund or in interviews, due to his disagreements with the founders about his true role in founding the company and in some cases referring to himself as the sole founder.[7] Kushner was with Vostu for only a short period, leading to speculation about whether it was appropriate to even be calling himself a founder.

Thrive Capital

In 2009, Kushner founded Thrive Capital, a private equity and venture capital firm that focuses on media and internet investments.[8] Since its founding, Thrive has raised $750 million from institutional investors, including Princeton University[9]

Previous funds include Thrive IV, $400 million in September 2014, Thrive III, $150 million in September 2012, and Thrive II, $40 million which was raised in late 2011. [10][9]

Thrive has invested in companies including Instagram, Harry’s, Warby Parker, Twitch, Instacart and Stripe. 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."[6]

For his work with Thrive, Kushner was named to Forbes’ 30 Under 30, Inc. Magazine’s 35 Under 35, Crain’s 40 Under 40 and Vanity Fair’s Next Establishment.[11] [12] [13] [14]

Oscar

Kushner is a co-founder of Oscar, the health insurance start-up transforming the healthcare industry through the use of technology, data and design. Through a high-tech, data-driven approach, easy-to-understand language and a unique set of benefits, Oscar is drastically changing the way consumers think about and interact with health insurance. Founded in 2012, Oscar has raised $320 million in financing and is valued at $1.5 billion. The company currently insures over 40,000 members across New York and New Jersey.[15]

Oscar has been named to CNBC’s Disruptor 50, Inc. Magazine’s Most Innovative Startups and MM&M Top 40 Healthcare Transformers.[16][17][18]

Cadre

Kushner is a co-founder of Cadre, alongside Jared Kushner and the company’s CEO Ryan Williams. Cadre is a new technology-enabled framework that matches high-net worth investors with institutional equity real estate opportunities. Cadre’s platform transforms the real estate industry by providing transparency and liquidity. The company has raised more than $250 million in capital. [19]

References

  1. ^ "Forbes Features Members of the Tribe In 30 Under 30 / Jspace News". Jspace.com. 2011-12-29. Retrieved 2013-11-07.
  2. ^ 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.
  3. ^ "Q+A Joshua Kushner". Details. Retrieved 2013-11-07.
  4. ^ http://m.huffpost.com/us/entry/2101542
  5. ^ http://touch.metro.us/lifestyle/karlie-kloss-talks-josh-kushner-and-new-york-fashion-week-metro-us/tmWnbe---1bNYfvD62vD9M/
  6. ^ a b "The 26-Year-Old VC Who Cashed In On Instagram". Forbes. Retrieved 2013-11-07.
  7. ^ "NYU Entrepreneurs Speaker Series: Joshua Kushner".
  8. ^ "Joshua Kushner's Thrive Capital Raises $40 Million". The New York Times. Retrieved 2013-11-07.
  9. ^ a b "Thrive Capital Raises $150 Million Fund, Bolstering Profile". The New York Times. Retrieved 2013-11-07.
  10. ^ "Venture Firm Thrive Capital Raises Another Fund". The New York Times. 2014-10-06. Retrieved 2015-06-03.
  11. ^ "Joshua Kushner, Managing Partner, Thrive Capital, 26 - In Photos: 30 Under 30: Finance". Forbes. Retrieved 2013-11-07.
  12. ^ "Insurance in the U.S. is Broken. Oscar Wants to Fix It". Inc. Magazine. 2014-06-24. Retrieved 2015-06-03.
  13. ^ "Crain's 40 Under Forty Joshua Kushner, 28". Crain's New York Business. Retrieved 2015-06-03.
  14. ^ Deligter, Jack (2012-03-21). "The Next Establishment". Vanity Fair. Retrieved 2013-11-07.
  15. ^ "Oscar, a Health Insurance Start-Up, Valued at $1.5 Billion". The New York Times. 2015-04-20. Retrieved 2013-11-07.
  16. ^ "CNBC Disruptor 50". CNBC. 2015-05-12. Retrieved 2015-06-03.
  17. ^ "The 10 Most Innovative Startups of 2014". Inc. Magazine. 2014-12-12. Retrieved 2015-06-03.
  18. ^ "Mario Schlosser: Top 40 Healthcare Transformers". MM&M. 2015-01-05. Retrieved 2015-06-03.
  19. ^ "Kushner Brothers Combine Real Estate and Technology". The New York Times. 2015-03-24. Retrieved 2015-06-03.

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