American Exceptionalism Acquisition, a SPAC led by Chamath Palihapitiya and focused on energy, AI, DeFi, and defense, files for a US IPO, seeking to raise $250M
American Exceptionalism Acquisition Corp. A 25,000,000 Class A Ordinary Shares … Steve Goldstein / MarketWatch : Chamath Palihapitiya warns ‘no crying in the casino’ as he launches another SPAC after ...
Source: Chamath Palihapitiya shelved plans to raise $1B for an early-stage investment fund, in part due to fundraising challenges
Kia Kokalitcheva / Axios : X: @mhdempsey , @thestalwart , @carnage4life , @riddle245 , @fisurgi , @hitsamty , @jasonlk , @fed_speak , and @bucknsf X: Michael Dempsey / @mhdempsey : It is truly shocki...
Analysis: of 460 companies that did SPAC deals, insiders at 232 sold $22B in shares in well-timed trades; Chamath Palihapitiya made $310M selling Virgin stock
Executives and early investors sold shares worth $22 billion — The SPAC boom cost investors billions.
A close look at Chamath Palihapitiya and SPACs, which could become a fixture of the economy as investors develop proper skepticism and regulations emerge
SoFi, which went public via a blank-check company run by Chamath Palihapitiya, closes its first day of trading up 12.41%
A close look at Chamath Palihapitiya and SPACs, which could become a fixture of the economy as investors develop proper skepticism and regulations emerge
Chamath Palihapitiya says that the investment tool lets ordinary people get rich off startups. It may be hype—but hype can be its own economic engine.
Profile of Chamath Palihapitiya, who has become a public icon of the SPAC and amateur trading booms; sources: Social Capital raised $3.7B for five SPACs in 2020
Buy! Sell! Tweet! An icon of the amateur trading masses and an evangelist for SPACs, Chamath Palihapitiya is commanding …
SoFi says it will go public via a merger with a SPAC backed by Chamath Palihapitiya at a valuation of $8.65B
Sources: Bird plans to raise at its current $2B valuation and Lime at $2B-3B, below their initial asks, amid tougher-than-expected business conditions
Why do people keep throwing electric scooters … Tweets: Jack Nicas / @jacknicas : Just spotted John fishing scooters out of Lake Merritt with a grappling hook. He got 12 today; Bird pays a small fee f...
Social Capital and Hedosophia raised $600M in IPO for holding company they say will invest in late-stage startups to help them avoid IPO process
- Chamath Palihapitiya, a “Midas touch” investor, has raised $600 million in the initial public offering for his new firm, Social Capital Hedosophia Holdings.