Kelly Sims

x.com/i/article/2033…

SCOOP: Anthropic was among the AI companies that submitted a proposal earlier this year to compete in a $100 million Pentagon prize challenge to produce technology for voice-controlled, autonomous drone swarming, acc to people familiar w/ matter. bloomberg.com/news/articles/…

Anthropic and Alignment Anthropic is in a standoff with the Department of War; while the company's concerns are legitimate, it position is intolerable and misaligned with reality. stratechery.com/2026/anthropic…

This is my second conversation with @JoshuaKushner. Josh started Thrive in 2011 and the firm now manages ~$50 billion. We cover the iconic investments that defined it: Instagram, Stripe, GitHub, and spend a lot of time on OpenAI. He explains how Thrive thinks about investing today and the three categories they're currently focused on. Josh also talks about how he built the firm – why they keep the team so small, why concentration is core to what they do, and what he's learned from A24 about enabling artists to create their best work. Throughout the conversation, Josh shares the personal stories that shaped him, from his grandmother surviving the Holocaust to lessons from Stan Druckenmiller and Jon Winkelried at formative moments in Thrive's history. Enjoy! open.spotify.com/episode/7nRM1E…

We are pleased to announce the close of Thrive X. Exceeding $10 billion, Thrive X comprises $1 billion designated for early-stage investments and $9 billion designated for growth-stage investments. We do not view this as a milestone, but as a commitment to the long work ahead. We view Thrive as a company. Our product is partnership - the willingness to commit deeply to a small number of founders, and to stand with them through momentum and adversity. This is the discipline we bring to our work, and the responsibility we accept when founders partner with Thrive. We do not hedge. Concentration demands loyalty to the founders and missions we back. In this moment, exposure alone is not a strategy. Judgment without commitment is not enough. Advantage will accrue to those who choose deliberately, commit deeply, and endure through difficult moments. Thrive was founded to be an enabling technology for the world we want to see. We are deeply aware that we are not the main character. The founders that we are fortunate enough to partner with are the artists. Our role is to help create the conditions where great work can come to life. We take a long view grounded in the belief that category-defining companies tend to create structural compounding advantages over long arcs. This fund reflects the continuity of our approach and the ways our work has deepened alongside the founders we support. We are grateful for the trust our Limited Partners place in us, and for the opportunity to work alongside those who are building with purpose, integrity, and courage. thrivecap.com/thrive-x