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SoFi CEO: Merger With Palihapitiya SPAC a ‘Right Choice’

Jun.01 — SoFi Technologies Inc. CEO Anthony Noto discusses the company’s public debut following a merger with Social Capital Hedosophia Holdings Corp. V, a special-purpose acquisition company founded by venture capitalist Chamath Palihapitiya. He also shares his perspective on the rise of retail traders, competition with Robinhood Financial LLC and U.S. lawmakers’ scrutiny of banks’…

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Jun.01 — SoFi Technologies Inc. CEO Anthony Noto discusses the company’s public debut following a merger with Social Capital Hedosophia Holdings Corp. V, a special-purpose acquisition company founded by venture capitalist Chamath Palihapitiya. He also shares his perspective on the rise of retail traders, competition with Robinhood Financial LLC and U.S. lawmakers’ scrutiny of banks’ overdraft fee policies. Noto speaks to Emily Chang and Sonali Basak on “Bloomberg Technology.”

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3 Comments

3 Comments

  1. Joey Keilholz

    June 2, 2021 at 1:07 am

    The method of going public isn’t the point. This company is great.

  2. Joey Keilholz

    June 2, 2021 at 1:11 am

    “well, on that note, is there anything that concerns you?” are you kidding me? That’s not what Sofi users are doing? Why are you making everything as an opposition to Gamestop? Fuck you. It’s not your place to try to stomp on the average person or their rights.

    They aren’t competing with robinhood! Are you kidding me with this interview? He’s totally correct that they are competing with regular banks! Interviewers have a clear, disgusting bias.

    You cannot stop gamestop. You look like fools today and will be laughed at for generations to come. You have a bias to STOP REGULAR PEOPLE FROM MAKING MONEY. We already know you hate us. It’s just disgusting to see you do your owner’s bidding so transparently.

  3. Rachel Ottelé

    June 2, 2021 at 1:18 am

    Nothing to loose “What do they think they’re earning?”

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Bloomberg Technology

President Trump Announces Apple and Intel Chip Collaboration | Bloomberg Tech 6/18/2026

Bloomberg’s Ed Ludlow discusses the latest announcement made by President Donald Trump, which will see Apple and Intel joining forces to produce chips domestically, sending shares of the chipmaker higher. Plus, Anduril’s CEO discusses how the company won a contract with the US Air Force to produce autonomous fighters. And, SpaceX wraps up its first…

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Bloomberg’s Ed Ludlow discusses the latest announcement made by President Donald Trump, which will see Apple and Intel joining forces to produce chips domestically, sending shares of the chipmaker higher. Plus, Anduril’s CEO discusses how the company won a contract with the US Air Force to produce autonomous fighters. And, SpaceX wraps up its first full week of trading, with shares falling for a second day straight.

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00:00:00 – Bloomberg Tech Begins
00:01:12 – Ian King & Mandeep Singh, Bloomberg News
00:05:57 – Ankur Crawford, Alger
00:12:15 – Brian Schimpf, Anduril
00:20:57 – Matt Day, Bloomberg News
00:23:48 – Michael Regan, Bloomberg News
00:25:56 – Matthew Witheiler, Wellington Management
00:32:23 – Chris Pavolvski, Rumble CEO
00:37:18 – Dana Wollam, Bloomberg News
00:39:49 – Felix Gillette, Bloomberg News
00:41:42 – Randall Williams, Bloomberg News
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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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Bloomberg Technology

Rumble Bets on AI Compute Demand With New AI Platform

Video platform Rumble is jumping on the AI bandwagon with its newest AI platform. Launching as Quake AI, the new sector combines cloud, compute, and AI infrastructure, and is slated to dominate the company’s business segment. Rumble CEO Chris Pavlovski joins Ed Ludlow on “Bloomberg Tech” with more on the pivot. ——– Like this video?…

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Video platform Rumble is jumping on the AI bandwagon with its newest AI platform. Launching as Quake AI, the new sector combines cloud, compute, and AI infrastructure, and is slated to dominate the company’s business segment. Rumble CEO Chris Pavlovski joins Ed Ludlow on “Bloomberg Tech” with more on the pivot.
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Bloomberg Technology

Investors Anticipate Fresh Liquidity Following Historic SpaceX Debut

SpaceX’s historic public debut comes during a critical inflection point as a wave of multibillion-dollar AI companies prepare to go public. With the unprecedented IPO, investors are anticipating a wide-scale “distribution event” that will give private markets the fresh cash it desperately needs. Matt Witheiler, Head of Late-Stage Growth at Wellington Management, thinks the private…

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SpaceX’s historic public debut comes during a critical inflection point as a wave of multibillion-dollar AI companies prepare to go public. With the unprecedented IPO, investors are anticipating a wide-scale “distribution event” that will give private markets the fresh cash it desperately needs. Matt Witheiler, Head of Late-Stage Growth at Wellington Management, thinks the private tech ecosystem will see a cash return. He joins Ed Ludlow of “Bloomberg Tech”.
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