Robert Iger, the former Disney chief executive and executive chairman, is joining Thrive Capital, Josh Kushner’s venture capital firm, the firm announced on Tuesday. As a venture partner, Iger will mentor startup founders, according to the firm. Iger will also seek out investment opportunities, according to The Wall Street Journal . Iger served as Disney’s CEO from 2005 to 2020. During his...
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Sumo Logic Cuts Staff After Francisco Partners Takeover
Data analytics software company Sumo Logic made widespread layoffs this week, according to people familiar with the matter and an email to staff viewed by The Information, less than a month after private equity firm Francisco Partners bought the company for $1.7 billion. The exact size of the cuts couldn’t be learned. Chief Executive Joe Kim, who was named CEO three days after the...
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