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Why Josh Kushner is Buying Into the Lakers

Aug 18, 2026
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In today’s episode, we explore the high-stakes world of sports ownership and venture capital. Josh Kushner’s Thrive Capital is making waves with a major deal to acquire a stake in the Los Angeles Lakers alongside Disney CEO Bob Iger. News Editor Catherina Gioino joins us to break down Kushner’s latest acquisitions and the strategic vision behind Thrive Capital. Then, reporter Sasha Rogelberg dives into the massive influx of private equity into an unexpected arena: youth sports. From local leagues to national tournaments, we look at why big-money firms are suddenly so interested in the next generation of athletes. Finally, AI reporter Emily Forlini shares exclusive reporting on the internal challenges at OpenAI, focusing on the team tasked with solving the platform's most complex problems. How do you feel about private equity moving into youth sports? Let us know in the comments! Subscribe to Fortune Daily for more deep dives into the world's most powerful companies. Additional images courtesy of Getty Images