Thrive Capital Invests $100 Million in Shopify

Joshua Kushner's Thrive Capital has acquired a stake in e-commerce giant Shopify, signaling a significant investment in a publicly traded company. This move represents a notable departure from Thrive's typical venture capital strategy, which usually focuses on early-stage private enterprises. The investment underscores continued confidence in Shopify's platform and its potential for future growth within the evolving digital commerce landscape.