Thrive Capital bets $100 million on Shopify, because sometimes the best AI trade is a beaten-down stock

Joshua Kushner’s Thrive Capital has taken a roughly $100 million stake in Shopify, according to Bloomberg, which cited people familiar with the matter. The investment is notable less for its size, $100 million is a rounding error in a firm that raised more than $10 billion for its latest fund, than for what it signals […] This story continues at The Next Web