Thrive Capital has closed its newest fund with $700 million

Thrive Capital, a New York-based, stage-agnostic venture fund that focuses primarily on media and internet investments, has closed its fifth fund with $700 million. The seven-year-old outfit is now managing a little less than $1.5 billion altogether. Thrive closed is fourth fund with $400 million in October 2014, so the new fund is a sizable step-up. Then again, the Thrive holds stakes in… Read More...