Social Capital will no longer raise outside capital
Former Facebook executive turned venture capitalist Chamath Palihapitiya announced this morning that his firm, Social Capital, would no longer raise outside capital. The firm will transition into a technology holding company by the end of 2018 and will invest $50 million to $250 million off a “multi-billion dollar balance sheet of internal capital only.” “[We] will focus … Continue reading Social Capital will no longer raise outside capital
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