Tech article

Thrive Capital led VCs into pro sports ownership; Collaborative Fund just upped that play

Publisher description: Collaborative Fund just bought into D.C. United and its stadium, with firm founder Craig Shapiro pitching it as a way to showcase for the firm's startups.

TechCrunch | Sep 10, 2026 | Connie Loizos

Automated excerpt

The firm kicked things off by announcing a stake in the San Francisco Giants. At the same time, the two firms’ approaches to sports ownership look very different. Thrive built a stand-alone, permanent-capital vehicle specifically to hold trophy assets.

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