Robert Iger, the former chief executive of Walt Disney is joining venture-capital firm Thrive Capital, where as a venture partner he will advise on day-to-day initiatives including mentoring startup founders and identifying new investment opportunities.

Thrive Capital was founded in 2009 by Joshua Kushner, a former Goldman Sachs Group Inc. banker and son of real-estate developer Charles Kushner. Thrive Capital has backed many of Silicon Valley’s most celebrated startups, including Instagram, Spotify Technology SA, Robinhood Markets Inc., and payments provider Stripe Inc.

This post first appeared on wsj.com

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