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Thrive Eternal launches permanent capital plan to buy a Giants stake pending league approval
Startups
Published on 24 April 2026
A new arm could hold assets for decades, starting with MLB
Thrive Capital has launched Thrive Eternal, a permanent-capital vehicle designed to acquire and manage major assets for decades. Its first proposed partnership is tied to the San Francisco Giants, signaling Thrive’s push beyond technology into iconic sports franchises. The deal is not final yet and will require league approval before any stake is secured.
- Thrive Capital introduces Thrive Eternal for long-term, permanent investment
- The first proposed deal targets the San Francisco Giants stake
- Thrive aims to manage assets for decades rather than typical fund cycles
- The partnership awaits league approval
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times