Thrive Capital A24 Backs A24 with $3.5B Funding

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Credit: pexels.com, Dollar bills and 'BUSINESSES' spelled with tiles on a blue background, symbolizing finance.

Thrive Capital, a venture capital firm, has made a significant investment in A24, a leading independent film and television studio. This investment is worth a staggering $3.5 billion.

A24 has been a major player in the entertainment industry, producing critically acclaimed films and TV shows. With this funding, they'll be able to continue pushing the boundaries of storytelling and innovation.

The $3.5 billion investment is a testament to A24's growth and success in the industry. This funding will enable them to further expand their reach and create more engaging content for audiences.

A24 Secures Investment

A24 has secured a significant investment from Thrive Capital. This investment has provided A24 with the necessary resources to further its mission of creating and distributing innovative content.

Thrive Capital has a strong track record of investing in successful companies, and their investment in A24 is a testament to the company's potential for growth and success.

from Josh Kushner

Free stock photo of agreement, analyst, angel investor
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Josh Kushner is a key player in the investment world. He's the co-founder and managing partner of Thrive Capital.

Josh Kushner has a reputation for being a savvy investor, with a keen eye for spotting emerging trends and opportunities.

Led by Josh Kushner

Josh Kushner's investment in A24 is a significant one, coming in at $100 million. This is a substantial amount of money that will undoubtedly help A24 continue to grow and thrive.

Josh Kushner is the founder of Thrive Capital, a New York-based investment firm that has also invested in Instagram, Spotify, and Stripe. Thrive's expertise will be invaluable in A24's growth.

Josh Kushner is the 39-year-old son of real-estate developer Charles Kushner, and the brother of Jared Kushner, Donald Trump's son-in-law. He's married to model Karlie Kloss.

Josh Kushner will join A24's Board of Directors, bringing his unique perspective and expertise to the table.

A24 Secures New Funding

A24 has secured new funding led by Josh Kushner's Thrive Capital, with an investment of $100 million from Kushner.

Team Having a Meeting
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The funding round has seen a 40% increase in A24's value since its first fundraise in 2022, when it had a $2.5 billion valuation.

Kushner's Thrive Capital has a history of investing in successful companies, including Instagram and Spotify.

The funding will help A24 grow its support of groundbreaking storytellers and help their voices reach audiences around the world.

Thrive Capital's unique expertise will be invaluable in A24's growth, according to a statement from A24.

Josh Kushner, the founder of Thrive Capital, will join A24's Board of Directors as part of the investment.

A24 has made over 150 films and 50 TV series, many of which are critical darlings, and has won 16 Oscars, 14 Golden Globes, and 18 Emmys.

The studio has seen significant success with films like "Everything Everywhere All at Once" and "Uncut Gems", and TV series like "Euphoria" and "Beef".

Thrive Capital has $16 billion in assets under management as of 2022 and was valued at over $5 billion last year.

The investment is a significant boost for A24, which is looking to expand its strategy beyond arthouse fare and into the commercial space.

Wilbur Huels

Senior Writer

Here is a 100-word author bio for Wilbur Huels: Wilbur Huels is a seasoned writer with a keen interest in finance and investing. With a strong background in research and analysis, he brings a unique perspective to his writing, making complex topics accessible to a wide range of readers. His articles have been featured in various publications, covering topics such as investment funds and their role in shaping the global financial landscape.

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