Bob Iger is rejoining Thrive Capital as an advisor, just a month after stepping down as CEO of Disney. He previously served a two-month stint at the firm in 2022 before returning to lead Disney.
Iger will work with Thrive's investment staff and portfolio founders, but his advisory role will not require a full-time commitment.
Thrive manages over $50 billion in assets and has significant stakes in OpenAI, Stripe, and SpaceX. The firm recently raised $10 billion for its 10th fund, the largest in its 17-year history.
Iger's return comes as Thrive prepares to invest in new opportunities, including a potential sale of Cursor to SpaceX worth around $4.2 billion.