Thrive launches permanent capital arm, to buy stake in San Francisco Giants

Thrive Capital has launched Thrive Eternal, a permanent capital holding company that will invest in a small number of long-term assets, starting with a proposed ownership stake in the San Francisco Giants.

Joshua Kushner, founder of the New York-based venture capital firm, said in a post on X that Thrive Eternal will focus on assets the firm can “own and steward over many decades.”