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Josh Kushner

๐Ÿ‘ค Speaker
510 total appearances

Appearances Over Time

Podcast Appearances

Invest Like the Best with Patrick O'Shaughnessy
Josh Kushner - Building Thrive Capital - [Invest Like the Best, CLASSICS]

We should only invest in products that have the desire to truly transform an industry or create a new one. And I actually think going through the founder experience and still going through it today, I spent a decent portion of my weekend working on something for Oscar. You just have to know that the bigger the business gets, the harder it gets.

Invest Like the Best with Patrick O'Shaughnessy
Josh Kushner - Building Thrive Capital - [Invest Like the Best, CLASSICS]

We should only invest in products that have the desire to truly transform an industry or create a new one. And I actually think going through the founder experience and still going through it today, I spent a decent portion of my weekend working on something for Oscar. You just have to know that the bigger the business gets, the harder it gets.

Invest Like the Best with Patrick O'Shaughnessy
Josh Kushner - Building Thrive Capital - [Invest Like the Best, CLASSICS]

And as a result of that, the ambition for what you're ultimately trying to create should only be extraordinary from the start.

Invest Like the Best with Patrick O'Shaughnessy
Josh Kushner - Building Thrive Capital - [Invest Like the Best, CLASSICS]

And as a result of that, the ambition for what you're ultimately trying to create should only be extraordinary from the start.

Invest Like the Best with Patrick O'Shaughnessy
Josh Kushner - Building Thrive Capital - [Invest Like the Best, CLASSICS]

Yeah, we've started over a dozen businesses and every single person on the investment team currently has been a part of an incubation at Thrive. So every single person at the firm is building. Everyone understands the pain the founders go through. They're experiencing it themselves. I think our view is there are big markets, there are large markets, and there are infinite markets.

Invest Like the Best with Patrick O'Shaughnessy
Josh Kushner - Building Thrive Capital - [Invest Like the Best, CLASSICS]

Yeah, we've started over a dozen businesses and every single person on the investment team currently has been a part of an incubation at Thrive. So every single person at the firm is building. Everyone understands the pain the founders go through. They're experiencing it themselves. I think our view is there are big markets, there are large markets, and there are infinite markets.

Invest Like the Best with Patrick O'Shaughnessy
Josh Kushner - Building Thrive Capital - [Invest Like the Best, CLASSICS]

And I think the only places that you want to play are in the infinite markets. I think no differently than our investments, every single incubation that we create has a grand ambition, but there's usually a very specific product that we believe should be built from the beginning that ultimately creates a wedge into a much larger opportunity.

Invest Like the Best with Patrick O'Shaughnessy
Josh Kushner - Building Thrive Capital - [Invest Like the Best, CLASSICS]

And I think the only places that you want to play are in the infinite markets. I think no differently than our investments, every single incubation that we create has a grand ambition, but there's usually a very specific product that we believe should be built from the beginning that ultimately creates a wedge into a much larger opportunity.

Invest Like the Best with Patrick O'Shaughnessy
Josh Kushner - Building Thrive Capital - [Invest Like the Best, CLASSICS]

we would ultimately be dissatisfied if that larger opportunity is not captured. And ultimately, no matter how thoughtful we are about identifying that opportunity alongside the partners that we're ultimately working with, if the person who is ultimately building that business is not N of 1, nothing's going to happen.

Invest Like the Best with Patrick O'Shaughnessy
Josh Kushner - Building Thrive Capital - [Invest Like the Best, CLASSICS]

we would ultimately be dissatisfied if that larger opportunity is not captured. And ultimately, no matter how thoughtful we are about identifying that opportunity alongside the partners that we're ultimately working with, if the person who is ultimately building that business is not N of 1, nothing's going to happen.

Invest Like the Best with Patrick O'Shaughnessy
Josh Kushner - Building Thrive Capital - [Invest Like the Best, CLASSICS]

I think the last incubations at the firm have been created by Gaurav, Vince, and Kareem. And they have just an incredible amount of humility and self-awareness around the quality of the person that they ultimately want to work with. I think they're extraordinary top-down thinkers. in terms of thinking about what the opportunities are that could lead to outsized outcomes.

Invest Like the Best with Patrick O'Shaughnessy
Josh Kushner - Building Thrive Capital - [Invest Like the Best, CLASSICS]

I think the last incubations at the firm have been created by Gaurav, Vince, and Kareem. And they have just an incredible amount of humility and self-awareness around the quality of the person that they ultimately want to work with. I think they're extraordinary top-down thinkers. in terms of thinking about what the opportunities are that could lead to outsized outcomes.

Invest Like the Best with Patrick O'Shaughnessy
Josh Kushner - Building Thrive Capital - [Invest Like the Best, CLASSICS]

But at the end of the day, if we're not building alongside extraordinary people, nothing's ultimately going to realize its full potential.

Invest Like the Best with Patrick O'Shaughnessy
Josh Kushner - Building Thrive Capital - [Invest Like the Best, CLASSICS]

But at the end of the day, if we're not building alongside extraordinary people, nothing's ultimately going to realize its full potential.

Invest Like the Best with Patrick O'Shaughnessy
Josh Kushner - Building Thrive Capital - [Invest Like the Best, CLASSICS]

So I went to Harvard, graduated in 2008. Mark Zuckerberg had started Facebook a couple of years prior. And I think that was very motivating to a lot of us there. We saw that someone who was a peer could build and build at an extraordinary level. And I think that inspired a lot of us that we could do the same.

Invest Like the Best with Patrick O'Shaughnessy
Josh Kushner - Building Thrive Capital - [Invest Like the Best, CLASSICS]

So I went to Harvard, graduated in 2008. Mark Zuckerberg had started Facebook a couple of years prior. And I think that was very motivating to a lot of us there. We saw that someone who was a peer could build and build at an extraordinary level. And I think that inspired a lot of us that we could do the same.

Invest Like the Best with Patrick O'Shaughnessy
Josh Kushner - Building Thrive Capital - [Invest Like the Best, CLASSICS]

So I actually started a company when I was in college with my co-founder at Oscar and Mario. It was a social gaming company. And that experience exposed me to this idea that something could be built and it could reach tens of millions of people. And that was really intoxicating. I actually suppressed that because

Invest Like the Best with Patrick O'Shaughnessy
Josh Kushner - Building Thrive Capital - [Invest Like the Best, CLASSICS]

So I actually started a company when I was in college with my co-founder at Oscar and Mario. It was a social gaming company. And that experience exposed me to this idea that something could be built and it could reach tens of millions of people. And that was really intoxicating. I actually suppressed that because

Invest Like the Best with Patrick O'Shaughnessy
Josh Kushner - Building Thrive Capital - [Invest Like the Best, CLASSICS]

A lot of the people that I respected the most at Harvard at the time were actually going to work in finance. So I ended up applying for a bunch of finance jobs. I got a job at Goldman Sachs.

Invest Like the Best with Patrick O'Shaughnessy
Josh Kushner - Building Thrive Capital - [Invest Like the Best, CLASSICS]

A lot of the people that I respected the most at Harvard at the time were actually going to work in finance. So I ended up applying for a bunch of finance jobs. I got a job at Goldman Sachs.