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Palihapitiya’s Social Capital Fires Two Partners After Probe

Social Capital, the venture capital firm led by podcaster and former Facebook executive Chamath Palihapitiya, fired two of its partners, citing an undisclosed “situation,” according to a letter sent to its investors that was reviewed by Bloomberg. Bloomberg’s Mark Gurman joins Ed Ludlow and Caroline Hyde on “Bloomberg Technology.”

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Social Capital, the venture capital firm led by podcaster and former Facebook executive Chamath Palihapitiya, fired two of its partners, citing an undisclosed “situation,” according to a letter sent to its investors that was reviewed by Bloomberg. Bloomberg’s Mark Gurman joins Ed Ludlow and Caroline Hyde on “Bloomberg Technology.”

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8 Comments

8 Comments

  1. @shoopddawhooped

    March 14, 2024 at 6:08 pm

    lol looks like Papsmear-tortilla’s esg fund can’t withstand positive interest rates for long.

  2. @amdave76

    March 14, 2024 at 8:17 pm

    Obviously these two guys setup the investment in a way that cost Chamath a lot of money. He is pissed about that and sent them packing. He is the boss and owns the firm, so he can do whatever he wants.

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      March 14, 2024 at 9:15 pm

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Bloomberg Technology

Disney’s Streaming Success, Tech Eyes More IPOs in ’25 | Bloomberg Technology

Bloomberg’s Caroline Hyde and Ed Ludlow speak with Disney CFO Hugh Johnston on the company’s latest earnings beat and future streaming ambitions. And why 2025 looks to be the year for tech IPOs. Plus, how online comic platform Webtoon is utilizing AI to help its storytellers and readers. ——– “Bloomberg Technology” is our daily news…

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Bloomberg’s Caroline Hyde and Ed Ludlow speak with Disney CFO Hugh Johnston on the company’s latest earnings beat and future streaming ambitions. And why 2025 looks to be the year for tech IPOs. Plus, how online comic platform Webtoon is utilizing AI to help its storytellers and readers.
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Webtoon: We’re Relatively Immune to the US Election

Webtoon CFO David Lee says the popular online-comic company is shielded from FX and revenue volatility due to US election. He joins Caroline Hyde and Ed Ludlow to discuss on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and…

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Webtoon CFO David Lee says the popular online-comic company is shielded from FX and revenue volatility due to US election. He joins Caroline Hyde and Ed Ludlow to discuss on “Bloomberg Technology.”
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Disney Finally Got It Right, Says Analyst Gerber

Ross Gerber of Gerber Kawasaki says Disney is at an inflection point, saying the company is an incredible value for investors. He speaks joins Caroline Hyde and Ed Ludlow to discuss on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline…

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Ross Gerber of Gerber Kawasaki says Disney is at an inflection point, saying the company is an incredible value for investors. He speaks joins Caroline Hyde and Ed Ludlow to discuss on “Bloomberg Technology.”
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