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Thrive Capital’s 2022 early-stage $516 million fund valued at over $3.7 billion by June
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Thrive Capital’s 2022 early-stage fund, which invested in OpenAI and SpaceX, reported a net value exceeding $3.7 billion at the end of June.
The fund’s growth shows that early-stage bets on AI and space companies can generate multi-fold returns, signalling strong investor confidence in those sectors. Engineers building AI or aerospace technologies may see a more abundant flow of venture capital, which can affect hiring, tooling budgets, and project timelines. However, the performance is specific to this fund and does not guarantee similar outcomes for other investors.
Written by elseif from the cluster below · every claim links back to a sourceThe three things worth knowing
The 2022 early-stage fund was sized at $516 million.
It held early investments in OpenAI and SpaceX.
Its net value was reported as over $3.7 billion by the end of June, after fees and other charges.
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