Thrive Capital

New York
Diversified Financials

Corprate Bias Ratings

Risk Level:

Rating - Danger
High Risk

Thrive Capital, a technology investment firm, founded by Joshua Kushner, has used funds for ideological purposes hostile to freedom of expression. Joshua Kushner has vocally expressed his political support for ideological movements, including the Women's March and March for Our Lives. Kushner also donated $50,000 to the March for Our Lives. Robert Iger, a strong supporter of abortion rights became a partner at Thrive Capital in 2022. Thrive Capital has not published its non-discrimination policy or its charitable giving policy. Yet there are no public instances of Thrive Capital terminating any business relationships due to beliefs. For these reasons, Thrive Capital receives a High Risk rating.

Criteria
Risk Level
Rationale
Corporate Weaponization
Criteria

Has denied service to 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 terminated business relationships due to political or religious differences.

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 has not published its charitable giving policy.

Criteria

Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.

Risk Level
N/A
Rationale

Thrive Capital has not publicly posted its non-discrimination policy (1).

Corporate Governance and Public Policy
Criteria

Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.

Risk Level
Rationale

Robert Iger, the CEO of Disney, became a partner of the company in 2022 (1). Iger has publicly shared his support for abortion rights and ideological issues (2). Thrive Capital has not shared its backers, however, investors include “Princeton University, Hall Capital Partners, Wellcome Trust, and Peter Thiel” (3). Josh Kushner 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 (4). He was seen in support at the Women’s March and March for our Lives (5)(6). Thrive Capital’s founder and managing partner Joshua Kushner is a signatory to CEOs For Gun Safety (7).

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).

Criteria

Uses corporate political contributions for ideological, non-business purposes.

Risk Level
Rationale

Thrive Capital has not funded ideological PACS or policies. Some of its founders and owners are frequent political donors. 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).

All links were last accessed and all information was updated on:
July 19, 2023

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