Tuesday, June 5, 2012

Joshua Kushner: 26-Year-Old VC Who Cashed In On Instagram

A story of extreme wealth, hard work, and being in the right place at the right time.  Joshua Kushner, 26 head of Thrive Capital, had wired an undisclosed amount to Instagram in the feverishly sought-after Series B round. Playing alongside VC heavyweights Sequoia Capital and Greylock Partners, ­Kushner—whose ante was the second-largest investment, says one source—helped value the 18-month-old startup at $500 million. Thrive had doubled its money in about 72 hours.

Here is Kushner's story via Forbes

Joshua Kushner (David Yellen for Forbes)

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