Thrive Holdings announces it has hired Palantir CIO Jim Siders to serve as CEO of Shield Technology Partners, a newly created business focused on IT services
Thrive Capital, the tech investment firm known for taking big stakes in companies including OpenAI, Stripe and Databricks …
Sources: current and former OpenAI employees plan to sell ~$6B in stock to Thrive Capital, SoftBank, and others in a secondary sale that values OpenAI at ~$500B
SoftBank, Dragoneer and Thrive Capital are set to buy OpenAI shares from current and former employees at a $500 billion valuation.
Shield Technology Partners, an AI-enabled managed IT service platform, acquires four IT companies and launches with $100M from Thrive Holdings and ZBS Partners
We have some very exciting work going on at Zillion with our AI Labs across all client verticals. … Shield Technology Partners : We're just getting started. Let's talk about how we can help your IT s...
Sources: Thrive Capital is in talks to invest ~$1B in analytics software maker Databricks at a ~$55B valuation; PitchBook says DataBricks has raised $4B+ so far
Bloomberg :
Sources: OpenAI completed a deal valuing the startup at $80B or more, planning to let employees cash out their shares in a tender offer led by Thrive Capital
New York Times :
New York-based VC firm Thrive sells a 3.3% stake for ~$175M to Disney CEO Robert Iger and others, valuing Thrive at $5.3B, a rare move to expand its reach
Group of five investors is paying about $175 million for 3.3% of venture firm — Venture firm Thrive Capital is selling a stake …
Scope Security, which offers a managed threat detection and response service to health care organizations, raises a $20M Series A led by Thrive Capital
Duncan Riley / SiliconANGLE :