Joshua Kushner's Thrive is now investing in pro sports, agreeing to buy a small stake in the San Francisco Giants.
It's being done via a new holding company called Thrive Eternal, which will focus on assets with "qualities that cannot be replicated by technology."
Why it matters: This feels like an asset-gathering gambit by Thrive, which now joins the same IPO watchlist as General Catalyst and Andreessen Horowitz.
