New York’s Thrive Capital closes its eighth fund with a whopping $3 billion

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Thrive Capital, the venture firm founded in 2009 by a then-25-year-old Joshua Kushner, says it has closed its eighth fund with approximately $3 billion in capital commitments, $500 of which it plans to invest in early-stage startups and another $2.5 billion that it has earmarked for later-stage companies.

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