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Fortune
Fortune
Business
Marco Quiroz-Gutierrez

Josh Kushner says Thrive would have stayed away from FIFA's $4.2 billion World Cup deal if it had known what was coming

(Credit: David Paul Morris—Bloomberg via Getty Images)

Joshua Kushner, brother of President Donald Trump’s son-in-law Jared and the founder of VC firm Thrive Capital, has some regrets about a failed plan to allow private investors to take a stake in the World Cup.

In a statement published initially by Axios this week, Kushner said the firm “failed to appreciate the political dynamics of global football, and the lengths some would go to.” Defending Thrive’s participation in the failed deal, Kushner added: “Had we known what this would devolve into, we would not have gotten involved.”

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