Jared Kushner's post-White House deal-making included badly timed bet on Amazon aggregator
Publishing timestamp: 2024-06-14 13:03:28
Summary
Jared Kushner's firm, Affinity Partners, invested $75 million in Amazon aggregator Unybrands in early 2022. The investment came at a bad time as the tech bubble burst and the Amazon aggregator market began to unwind. Unybrands faced layoffs and financial struggles, leading to a change in ownership. Kushner's involvement with Unybrands has raised questions about his financial interests and foreign policy influence. Despite the challenges, Unybrands continues to seek funding and expand its portfolio.
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Keywords: joe biden, blackrock inc, jeff bezos, amazon.com inc, technology, internet, donald trump, business news, politics, breaking news: technology, breaking news: politics,