Thrive Capital - 1792 Exchange

Rating Overview

Thrive Capital is Medium Risk.

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.

Rating Criteria

Corporate Weaponization Risk Levels
Criteria	Risk Level
Cancellations	Lower Risk
Discriminatory Philanthropy	No Data
Employment Protection	Medium Risk

Corporate Weaponization ⓘ

Corporate Governance and Public Policy Risk Levels
Criteria	Risk Level
Advocacy Bias	High Risk
Funding	High Risk
Political Actions	No Data

Corporate Governance and Public Policy ⓘ

Rating Criteria Detail

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:

Lower

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:

Medium

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:

High

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:

High

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).