Bob Iger rejoins Thrive Capital as advisor after Disney exit

The first StrictlyVC of 2026 hits SF on April 30. Tickets are going fast. Register now. The first StrictlyVC of 2026 hits SF on April 30. Tickets are going fast. Register now. TechCrunch Desktop Logo TechCrunch Mobile Logo LatestStartupsVentureAppleSecurityAIApps EventsPodcastsNewsletters SearchSubmit Site Search Toggle Mega Menu Toggle Topics Latest Bob Iger is returning to Thrive Capital as an advisor, just one month after stepping down as CEO of Disney, a role he held for nearly two decades. Iger previously served a two-month stint as a venture partner at the firm in late 2022, but left when the Disney board asked him to retake the helm of the media conglomerate, following his initial departure from the company in 2020. “Bob leads with boldness and conviction because he knows what he is building and why. He is rejoining Thrive at a time when that kind of leadership matters most,” Thrive’s founder Josh Kushner posted on X. Iger, who already owns a stake in the firm, will work with Thrive’s investment staff and portfolio founders, the Wall Street Journal reported. However, his advisory role will likely not require a full-time commitment. Thrive manages over $50 billion in assets, according to PitchBook. In February, the firm announced that it raised $10 billion in capital commitments for its 10th fund, the largest in the firm’s 17-year history. Thrive holds significant stakes in OpenAI, Stripe, and SpaceX. The firm also amassed a 7% ownership stake in Cursor, whose potential sale to SpaceX could be worth about $4.2 billion, Bloomberg reported. StrictlyVC kicks off the year in SF. Register now for unfiltered fireside chats and VC insights with leaders from Uber, Replit, Eclipse, and more. Plus, high-value connections that actually move the needle. Tickets are limited. Newsletters See More Subscribe for the industry’s biggest tech news Every weekday and Sunday, you can get the best of TechCrunch’s coverage. TechCrunch Mobility is your destination for transportation news and insight. Startups are the core of TechCrunch, so get our best coverage delivered weekly. Provides movers and shakers with the info they need to start their day. By submitting your email, you agree to our Terms and Privacy Notice. Bob Iger rejoins Thrive Capital as advisor after Disney exit Marina Temkin 1 minute ago In Brief Bret Taylor’s Sierra buys YC-backed AI startup Fragment Dominic-Madori Davis 3 hours ago StrictlyVC San Francisco 2026 Grab a ticket today: The first StrictlyVC of 2026 kicks off in just a week in San Francisco TechCrunch Events 10 hours ago X LinkedIn Facebook Instagram youTube Mastodon Threads Bluesky TechCrunchStaffContact UsAdvertiseCrunchboard JobsSite Map Terms of ServicePrivacy PolicyRSS Terms of UseCode of Conduct Tim CookJohn TernusNew GlennWhatsAppMythosTech LayoffsChatGPT © 2026 TechCrunch Media LLC.