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Bob Iger Rejoins Thrive Capital as Adviser

The move ties Disney's longtime dealmaker to a $10 billion tech fund focused on media and AI.

Overview

  • Iger’s return became public Thursday after Thrive founder Josh Kushner posted on X that the former Disney chief had joined as an adviser.
  • At Thrive, Iger will work with the firm’s investment staff and advise founders across the portfolio on strategy and company building.
  • He remains employed by Disney through 2026 as a senior adviser to CEO Josh D’Amaro and continues to serve on the company’s board.
  • Iger previously worked at Thrive in September 2022 before Disney brought him back as CEO that November, a stint that also connected him with OpenAI’s Sam Altman and a proposed $1 billion generative video pact that later unraveled when OpenAI exited that line.
  • Thrive recently raised $10 billion and backs companies like OpenAI, Spotify, and A24, positioning Iger to influence bets where technology meets entertainment.