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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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Bloomberg Technology

Sen. Klobuchar: Will See Bipartisan Work on Tech

Senator Amy Klobuchar, a Democrat from Minnesota, discusses the future of antitrust under a new Trump administration and the bipartisan support of combatting explicit AI deepfakes on the internet. She joins Kailey Leinz on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology”…

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Senator Amy Klobuchar, a Democrat from Minnesota, discusses the future of antitrust under a new Trump administration and the bipartisan support of combatting explicit AI deepfakes on the internet. She joins Kailey Leinz on “Bloomberg Technology.”
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Bloomberg Technology

Finding Startup Diamonds

Shamin Walsh, BAM Ventures managing director, discusses investing in “Silent Assassin” companies. She joins Caroline Hyde on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:   Get the latest in tech from Silicon Valley and…

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Shamin Walsh, BAM Ventures managing director, discusses investing in “Silent Assassin” companies. She joins Caroline Hyde on “Bloomberg Technology.”
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Bloomberg Technology

Streamlining the Payrolls Process

Gusto CEO and co-founder Josh Reeves discusses the company’s latest partnership with Xera, helping small and medium businesses to navigate their books in an easier way. He joins Caroline Hyde on “Bloomberg Technology” to discuss. ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with…

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Gusto CEO and co-founder Josh Reeves discusses the company’s latest partnership with Xera, helping small and medium businesses to navigate their books in an easier way. He joins Caroline Hyde on “Bloomberg Technology” to discuss.
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Like this video? Subscribe to Bloomberg Technology on YouTube:

 
Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:

 
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