You Searched For "social capital" and got 20 results
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1 min read
Proptech firm Opendoor lays off 550 employees amid challenging market
Proptech platform Opendoor has laid off nearly 550 employees, or 18 percent of its workforce, as th…
1 min read
'SPAC king' Chamath Palihapitiya is planning a $1 billion listing of a climate company, according to reports
The billionaire investor's new vehicle won't be a SPAC, but it will aim to make several acquisition…
Theron Mohamed
2 mins read
Luxury gym chain Equinox is in talks to go public via merger with Chamath Palihapitiya-backed SPAC
A potential transaction could value Equinox at more than $7.5 billion, according to a Bloomberg rep…
Matthew Fox
1 min read
Billionaire investor Chamath Palihapitiya says he 'totally missed' Coinbase because he opted to own bitcoin directly
The Virgin Galactic chairman and Social Capital CEO recommended owning both bitcoin and companies b…
Sophie Kiderlin
1 min read
Investor Chamath Palihapitiya cashed out his entire personal stake in Virgin Galactic for $211 million
The space-tourism group's chairman, who sold a chunk of his shares in December to free up cash, sti…
Theron Mohamed
2 mins read
Social Capital SPAC led by billionaire Chamath Palihapitiya will merge with Clover Health in $3.7 billion deal
The healthcare company "will build large market adoption and shareholder returns" by lowering patie…
Ben Winck
3 mins read
The Israel-Hamas clash threatens to hit stocks, fuel inflation, and boost recession risks. Here's what 6 experts have said about the conflict.
Billionaire investor Bill Ackman blamed US foreign-policy failures for the brutal conflict, while C…
Theron Mohamed
2 mins read
Billionaire investor Chamath Palihapitiya reportedly plans to raise $500 million with 4th SPAC as blank-check spree continues
The news comes hours after Palihapitiya confirmed Social Capital Hedosophia's second SPAC will merg…
Ben Winck
2 mins read
Chamath Palihapitiya leads $250 million investment in residential solar company Sunlight Financial
Chamath Palihapitiya tweeted he's leading a PIPE in Sunlight Financial, a company that provides sol…
Emily Graffeo
2 mins read
Billionaire Chamath Palihapitiya says he's working on private funding for a new climate investment
Palihapitiya tweeted that he's making a private investment in an entity that "powers a lot of progr…
Emily Graffeo
5 mins read
Billionaire investor Chamath Palihapitiya predicted Tesla stock will triple and Bitcoin will soar 5-fold in a recent interview. Here are the 15 best quotes.
The Social Capital boss and Virgin Galactic chairman slammed Facebook, defended SPACs, and argued t…
Theron Mohamed
2 mins read
Billionaire investor and Virgin Galactic chairman, Chamath Palihapitiya, discussed Bitcoin, climate change, and Silicon Valley in a recent interview. Here are the 8 best quotes
The investor and Virgin Galactic chairman's wide-ranging interview covered everything from Bitcoin …
Theron Mohamed
1 min read
Billionaire Chamath Palihapitiya blasts the 'dumpster fire' presidential debate — and says investors should stay in stocks because the ultimate victor will be irrelevant to economic prosperity
"Irrespective of whether the Democrats or the Republicans are in office, if you're trying to genera…
Emily Graffeo
2 mins read
Billionaire investor Chamath Palihapitiya unloads on the 'wasted' first round of economic stimulus and laments the unnecessary funding of 'zombie' companies
Palihapitiya told CNBC that the US needed to send more stimulus money directly to Americans because…
Emily Graffeo
2 mins read
Famed VC investor Chamath Palihapitiya breaks down why he's investing in Desktop Metal, a company set to go public via SPAC
Palihapitiya said 3D printer Desktop Metal is the "leader" in the new era of manufacturing and alre…
Emily Graffeo
3 mins read
'It's largely gonna go to waste and it distorts the market': Billionaire investor Chamath Palihapitiya blasts the Fed and Treasury for spending billions to help companies instead of consumers
"We gave hundreds of billions of dollars in all kinds of random ways," the Social Capital CEO and V…
Theron Mohamed
2 mins read
'Our generation's Berkshire Hathaway': Billionaire investor Chamath Palihapitiya is modeling his firm on Warren Buffett's company
"It'll be a Berkshire, a holding company that, instead of holding Gillette and Coca-Cola and McDona…
Theron Mohamed
1 min read
A massive debt wall is about to hit Corporate America, and equity values will be 'incinerated,' Chamath Palihapitiya says
"Prepare for a bunch of companies who will not be able to refinance their debt and will thus see th…
Filip De Mott
2 mins read
Social Capital SPAC led by billionaire investor Chamath Palihapitiya in advanced talks to merge with Opendoor, report says
Opendoor, a San Francisco-based firm, directly buys homes from sellers, makes minor repairs, and th…
Matthew Fox
1 min read
SPAC king Chamath Palihapitiya says higher rates have created a 'wave of destruction' across whole sectors
The famed investor and so-called SPAC king said that the end of zero interest rate policy has creat…