Source: CNBC
Summary
Former Disney CEO Bob Iger has invested in Thrive Capital, a New York-based venture capital firm. Iger has also taken on the role of venture partner at the firm. This move marks Iger’s first major investment since stepping down as Disney’s CEO in February 2020. Iger has held a stake in Thrive Capital since 2020, according to a report by CNBC. The exact amount of Iger’s investment was not disclosed.
Our Reading
The announcement sounds ambitious.
Bob Iger joins Thrive Capital as a venture partner, because what’s a former CEO to do? He’s held a stake in the firm since 2020, but now he’s officially on board. Thrive Capital gets a big name, and Iger gets to stay in the game. Because, of course, he’s not done yet. “The more things change, the more they stay the same – especially in the world of big-name investors.”
Author: Evan Null
Thrive Capital’s Big Catch
Thrive Capital has snagged a big fish in Bob Iger, former CEO of Disney. Iger’s investment in the firm is a significant move, marking his first major investment since leaving Disney in 2020.
A Familiar Pattern
Iger’s move to Thrive Capital follows a familiar pattern of high-profile investors joining venture capital firms. This trend has been seen in recent years, with many notable figures from the tech and business worlds making similar moves.
A New Role for Iger
As a venture partner at Thrive Capital, Iger will likely be involved in advising and guiding the firm’s investments. His experience as CEO of Disney will undoubtedly be an asset in this role, bringing a unique perspective to the firm’s investment decisions.
No Details on the Investment
The exact amount of Iger’s investment in Thrive Capital was not disclosed. This lack of transparency is not uncommon in such deals, but it does leave some questions unanswered.
A New Chapter for Iger
Iger’s investment in Thrive Capital marks a new chapter in his career. After leading Disney for over a decade, he’s now turning his attention to the world of venture capital. Only time will tell what this new chapter holds, but one thing is certain – Iger is not done yet.
