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Forbes Magazine Features Jared Kushner’s Very Successful Brother

In Forbes magazine’s latest cover story, The Other Brother (p. 70 in the April 25, 2017 issue), Forbes gains exclusive access to Jared Kushner’s brother, Josh Kushner. At a very young age, Josh Kushner has built one of America’s ascendant venture firms and a $2.7 billion business off of Obamacare. Now his brother, Jared, sits at the center of a Trump White House that’s endangering the whole operation.  When Jared Kushner was asked for a comment, Forbes received this email response stating, “I’ve learned so much from watching Josh grow Thrive and observing how he thinks about investing. I’ve applied many of those key learnings to my businesses, and am working to bring more of that type of innovative private sector thinking to the government as well.”

 

For the complete story visit: https://www.forbes.com/sites/stevenbertoni/2017/04/10/josh-kushners-complicated-world-how-jareds-brother-runs-a-billion-dollar-fund-in-the-age-of-trump/#f00974af2409

 

PLUS:  Forbes releases its 16th annual Midas List (p. 79), featuring the top 100 venture capitalists from around the world based on qualifying deals with at least a $200 million exit (IPOs or mergers & acquisitions) or rounds that value a company above $400 million in the last five years.  James Goetz of Sequoia Capital remains in the No. 1 spot for the fourth consecutive year on the 2017 Midas List, produced in partnership with TrueBridge Capital Partners.

 

Key Highlights

  • For this year’s Midas List, over 4,000 deals were taken into account.
  • Nine new names appeared on the list, plus six returnees.
  • Two of the newcomers are women. There are six women in total represented on the list, which is a record high.
  • There are 20 billionaires present on this year’s list

 

To make the top ten, investors needed 13 qualifying deals and eight unicorns in their portfolio.  The top ten, listed by name, firm and deals, are featured below.  The complete list may be found at www.forbes.com/midas.

1)      Jim Goetz – Sequoia Capital                                                 (WhatsApp)

2)      Chris Sacca – Lowercase Capital                                         (Uber)

3)      Peter Fenton – Benchmark                                                 (Docker)

4)      Steve Anderson – Baseline Ventures                                 (Instagram)

5)      Brian Singerman- Founders Fund                                      (Stemcentrx)

6)      Mary Meeker – Kleiner Perkins Caufield & Byers           (Airbnb)

7)      Bill Gurley – Benchmark                                                        (Uber)

8)      Carl Gordon – Orbimed Advisors                                       (Acerta)

9)      Doug Leone – Sequoia Capital                                            (ServiceNow)

10)   Jim Breyer – Breyer Capital                                                  (Facebook)

 

Methodology

The Midas List is a data-driven ranking of the world’s 100 top venture capitalists based on all exits (IPOs or acquisitions) above $200 million over the last five years.  Forbes assessed an investor’s involvement in each deal and put a premium on new deals and capital that was risked at the earliest investment stages. Forbes also took into account public performance of VC-backed IPOs.

 

The Midas List feature story, Power Player (p. 84), features Brian Singerman, who is No. 5 on the Midas List and the new heavy- hitter at Peter Thiel’s venture firm, Founders Fund.  Forbes went behind the scenes at the secretive and contrarian firm to understand how it operates and how it has found successes such as SpaceX, Oculus VR and biotech win Stemcentrx. The story includes key interviews with PayPal Co-Founder Max Levchin, Facebook Co-Founder Dustin Moskovitz, The Lean Startup author, Eric Ries, and the firm’s partners, including an interview with Peter Thiel himself.

 

The complete list may be found at www.forbes.com/midas

About the Author

New York Trend is a weekly news publication that focuses on issues and lifestyles of the African & Caribbean American communities throughout the New York metropolitan area and Nassau and Suffolk Counties of Long Island. It is a respected and well recognized news publication that has been in existence since 1989. Owner, Publisher and Executive Director, Dr. Teresa Taylor Williams has been at the helm of this award-winning publication since its inception. New York Trend continues to be the only black woman-owned, metropolitan newspaper in New York and Long island. New York Trend is the largest black-owned newspaper throughout Nassau and Suffolk counties.

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