Thrive Capital - 1792 Exchange

Corporate Bias Rating

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Risk Level:

Medium Risk

Summary:

Thrive Capital often yields to political activism in shaping corporate governance, potentially alienating consumers, dividing employees, and harming shareholders. The company elevates merit, excellence, and integrity ahead of race and identity-based policies. Thrive Capital occasionally embraces corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues at times. This approach fails to safeguard free exercise, free speech, and free enterprise.

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Criteria

Risk Level

Rationale

Corporate Weaponization

Criteria

Has canceled customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.

Risk Level

Rationale

Thrive Capital has not publicly canceled customers, suppliers, or vendors based on political views or religious beliefs (1).

Criteria

Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.

Risk Level

N/A

Rationale

Thrive Capital does not publish charitable giving guidelines (2).

Criteria

Employment policies fail to protect against viewpoint or other discrimination and/or are ideological in nature.

Risk Level

Rationale

Thrive Capital does not publish a nondiscrimination policy (1).

Corporate Governance and Public Policy

Criteria

Uses corporate reputation to support causes, organizations, or policies hostile to freedom of expression.

Risk Level

Rationale

Robert Iger, the CEO of Disney, became a partner of Thrive Capital in 2022 (1). Iger has publicly shared his support for abortion rights and ideological issues (2). Josh Kushner, the founder of Thrive Capital, has used his position to share his support for liberal views and politicians, however, he was quoted about learning from the differing opinions in politics (3). He was seen in support at the Women’s March and March for our Lives (4)(5). Thrive Capital’s founder and managing partner Joshua Kushner is a signatory to CEOs For Gun Safety (6).

Criteria

Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.

Risk Level

Rationale

Josh Kushner, the founder of Thrive Capital, cofounded Oscar Health, a health insurance company influenced by Obamacare (1). Thrive Capital’s CEO Joshua Kushner donated $50,000 to the March for Our Lives (2)(3).

Criteria

Uses corporate political actions and/or financial contributions for ideological, non-business purposes.

Risk Level

N/A

Rationale

Josh Kushner, the founder of Thrive Capital, has exclusively funded Democrats (1). Other partners, including Robert Iger, Henry Kravis, and Peter Thiel have made bipartisan contributions (2)(3)(4). Thrive Capital does not operate a PAC or engage in lobbying at this time (5)(6)(7).

Board Bias

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1792 Exchange has not yet compiled data about the board of directors or political contributions of leadership for this company.