Joshua Kushner’s Thrive Capital Discloses $215 Million Amazon Stake

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Joshua Kushner’s Thrive Capital has bought roughly $215mn of Amazon shares, disclosed in a regulatory filing on Friday. It lands in the same week the firm told investors it is selling part of its OpenAI stake, in a company Amazon now owns close to 5% of.

Joshua Kushner’s Thrive Capital has bought roughly $215mn of Amazon shares. The position was disclosed in a regulatory filing on Friday. Thrive declined to comment and Amazon did not respond to a request for comment.

It arrives in an awkward week for a clean reading. Thrive’s first formal investor letter, sent days earlier, disclosed that the firm is selling part of the OpenAI stake that has come to define it.

Amazon is now an OpenAI shareholder. It completed a $50bn investment this month for a holding of close to 5%, ahead of the company’s expected listing.

Read together, the two moves look less like...

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