Josh Kushner

Our product is our strategy and our investment process, but also our ambition to be the most meaningful partner to our founders. And we let our founders determine what meaningful is to them. The market is constantly changing. And the idea that people in our industry can have the perspective

Our product is our strategy and our investment process, but also our ambition to be the most meaningful partner to our founders. And we let our founders determine what meaningful is to them. The market is constantly changing. And the idea that people in our industry can have the perspective

That the market can change, but the ways in which they do their jobs doesn't change has never necessarily resonated. And I actually think the ways in which we approach Thrive is no different than how a lot of our founders approach their businesses. Our best companies ship weekly or monthly.

That the market can change, but the ways in which they do their jobs doesn't change has never necessarily resonated. And I actually think the ways in which we approach Thrive is no different than how a lot of our founders approach their businesses. Our best companies ship weekly or monthly.

And our view is we need to be shipping weekly or monthly in terms of the ways in which we are making decisions or serving our founders. But we are a company. We are building a company. We are founders. We just happen to be founders of an investment firm. And I think a lot of people don't think about investors as founders. They don't think of them as builders. We think of ourselves as builders.

And our view is we need to be shipping weekly or monthly in terms of the ways in which we are making decisions or serving our founders. But we are a company. We are building a company. We are founders. We just happen to be founders of an investment firm. And I think a lot of people don't think about investors as founders. They don't think of them as builders. We think of ourselves as builders.

We're just building thrive. We do have strong opinions on the ways in which we do things, which is we believe in the generalist model. We've always shied away from sector-specific funds. And I think if you have these funds that are so focused... On a specific sector, the argument that you can make is that you see everything and that you have the prepared mind to make the right decisions.

We're just building thrive. We do have strong opinions on the ways in which we do things, which is we believe in the generalist model. We've always shied away from sector-specific funds. And I think if you have these funds that are so focused... On a specific sector, the argument that you can make is that you see everything and that you have the prepared mind to make the right decisions.

The counter argument is you feel the pressure to deploy capital into a sector as a result of the fact that you have a sector-specific fund. So we really believe that the best ideas are the ones that we should invest in. Thrive started by primarily investing in consumer-oriented businesses.

The counter argument is you feel the pressure to deploy capital into a sector as a result of the fact that you have a sector-specific fund. So we really believe that the best ideas are the ones that we should invest in. Thrive started by primarily investing in consumer-oriented businesses.

Our first funds had, as I mentioned before, Warby and Harry's and Twitch and Instagram and Spotify and many others. If we had stayed focused entirely on on being consumer-oriented, then I think the returns that we would have created would look very differently. You can apply the frameworks that you have from one opportunity or one sector to another.

Our first funds had, as I mentioned before, Warby and Harry's and Twitch and Instagram and Spotify and many others. If we had stayed focused entirely on on being consumer-oriented, then I think the returns that we would have created would look very differently. You can apply the frameworks that you have from one opportunity or one sector to another.

You've asked me a lot about how we actually identify companies. I actually think we, in many respects, apply a consumer lens to every single deal that we're doing, whether or not it's a payments business or an enterprise software business. At the end of the day, each product has a consumer. It has an enterprise.

You've asked me a lot about how we actually identify companies. I actually think we, in many respects, apply a consumer lens to every single deal that we're doing, whether or not it's a payments business or an enterprise software business. At the end of the day, each product has a consumer. It has an enterprise.

Understanding kind of the nuance of that product, understanding how special that product is, whether or not it's a feature or something that is truly fundamentally important to someone and why it's important to someone. is something that we constantly go back to.

Understanding kind of the nuance of that product, understanding how special that product is, whether or not it's a feature or something that is truly fundamentally important to someone and why it's important to someone. is something that we constantly go back to.

So I think you can apply the framework from one sector to another, but I think the idea of actually being sector specific is not something that we've ever oriented towards.

So I think you can apply the framework from one sector to another, but I think the idea of actually being sector specific is not something that we've ever oriented towards.

I can't speak for them, but I think there was an extraordinary amount of independent thought that went into the thesis behind Thrive. And I would say a tenacity and a drive to do whatever was possible in order for us to ultimately be the best versions of ourselves. I think there's a level of self-motivation, humility, that immigrant-like mentality that goes into

I can't speak for them, but I think there was an extraordinary amount of independent thought that went into the thesis behind Thrive. And I would say a tenacity and a drive to do whatever was possible in order for us to ultimately be the best versions of ourselves. I think there's a level of self-motivation, humility, that immigrant-like mentality that goes into