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A New $150M Fund Underscores The Bigger Ambitions of Kushner’s Thrive Capital

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http://techcrunch.com – Joshua Kushner’s Thrive Capital just became yet another of several upstart venture firms that have been able to raise progressively larger funds this year. The New York-based fund just quickly closed an oversubscribed $150 million fund in ten weeks, on the back of a $40 million raise last fall. The normally media-shy Kushner is coy about strategy specifics except to say that Thrive is geography and stage-agnostic (meaning they’ll do anything from a seed round to a much later-stage deal, like when they went in on Instagram at a $500 million valuation days before the Facebook acquisi (IT news)