You Searched For "social capital" and got 20 results
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1 min read
Social Capital SPAC surges 25% after it confirms tie-up with Opendoor, Chamath Palihapitiya calls it his 'next big 10x idea'
"This is my next big 10x idea," Social Capital CEO Chamath Palihapitiya said in a tweet about the d…
Matthew Fox
1 min read
SPAC king Chamath Palihapitiya says the Fed crushed the bubble in blank-check firms, and swears he's not responsible for the poor performance of companies he took public
"The long-term regime in which we operate has changed," the SPAC King said. "That is not in the con…
Jennifer Sor
3 mins read
How Tribe Capital's Arjun Sethi uses data, not feelings, to choose the startups his fund backs
Arjun Sethi thinks the way some VCs invest is "crazy." He cofounded Tribe Capital, which uses data …
Margaux MacColl
2 mins read
Billionaire investor Chamath Palihapitiya says the Fed warped markets with easy money - and a US recession is looming
The so-called SPAC King said near-zero interest rates were to blame for manic speculation and wides…
Theron Mohamed
2 mins read
Chamath Palihapitiya and Richard Branson are being sued over allegedly covering up flaws in Virgin Galactic's spaceships and pocketing millions by dumping shares
Palihapitiya and Branson took advantage of an "artificially inflated" stock price while knowing Vir…
Shalini Nagarajan
3 mins read
A crypto prime dealer has won a watershed approval from regulators in Wyoming to become a trust
SFOX works with hedge funds and institutional clients and runs a digital asset platform that aggreg…
Carla Mozée
2 mins read
Billionaire Chamath Palihapitiya, who helped take Virgin Galactic public via a SPAC, has stepped down as the spaceship company's chairman
Palihapitiya said he's leaving Virgin to "focus on other existing and upcoming public board respons…
Shalini Nagarajan
2 mins read
Richard Branson is reportedly working on his first European SPAC after launching 2 companies through blank-check firms in the US
Sky News said Branson's business is working with bankers on the European SPAC, which could be annou…
Carla Mozée
3 mins read
Chamath Palihapitiya's 4 blockbuster SPAC mergers have tumbled 32% this year as investors ditch flashy growth stocks
Clover Health has plunged 76% in 2021, and Virgin Galactic is down 36%, in a tough year for billion…
Harry Robertson
2 mins read
Billionaire investor Chamath Palihapitiya flags concerns about sky-high inflation and rampant money printing
Venture capital investor Chamath Palihapitiya has noted that both Elon Musk and Jeff Bezos have tak…
Harry Robertson
2 mins read
Chamath Palihapitiya among SPAC sponsors asked by senators about potential conflicts of interest
The senators said industry insiders can "take advantage of ordinary investors" such as making "over…
Isabelle Lee
1 min read
Richard Branson's Virgin Orbit to go public in SPAC merger valuing the satellite launch company at $3.2 billion
Virgin Orbit in January took 10 small satellites to Earth's orbit for NASA in its first successful …
Carla Mozée
1 min read
SoFi plunges 14% after mixed 2nd-quarter report reveals weaker-than-expected guidance
SoFi's financial services segment, which includes its investment platform, saw revenue surge 608% t…
Matthew Fox
1 min read
JPMorgan downgrades Chamath Palihapitiya-backed Clover Health - and expects the stock to flatline over the next 16 months
Clover Health jumped in June when it gained meme-stock status. But JPMorgan analysts think it will …
Harry Robertson
4 mins read
Racial inequity in investing is robbing everyone of handsome financial returns. 2 founders break down the specific ways they're shaking up the industry and making it more equitable.
"This is a multifaceted problem, and it's going to be a multifaceted solution," says Angelique Brun…
William Edwards
2 mins read
Chamath Palihapitiya's SPACs will offer retail investors a way into its IPOs through SoFi's platform
The SPACs will make 5% of shares from the IPOs available to retail investors through SoFi's online …
Natasha Dailey
2 mins read
Billionaire investor Chamath Palihapitiya files for 4 new biotech-focused SPACs that seek to raise $800 million
The latest additions build on Palihapitiya's roster of 6 special-purpose acquisition companies alre…
Shalini Nagarajan
2 mins read
Billionaire Chamath Palihapitiya once blasted a prospective Virgin Galactic investor for questioning his track record - and called him a 'complete f---ing idiot'
"Have you even looked at the prospectus? Did you even f---ing Google me before you came in here?" C…
Shalini Nagarajan
3 mins read
'SPAC King' Chamath Palihapitiya says blank-check companies need more oversight and regulation
"It is time to improve the regulations around the SPAC ecosystem with clear and rigorously enforced…
Will Daniel
1 min read
Cathie Wood's Ark Invest sells 590,804 Virgin Galactic shares a week after buying 514,627 shares
Two of Cathie Wood's ETFs sold 590,804 shares of Virgin Galactic on Monday after buying some 514,62…