Sources: Social Capital fired two of its partners after they tried to raise ~$2M from outside the firm for AI chipmaker Groq, which rankled Chamath Palihapitiya
Lizette Chapman / Bloomberg :
Letter: Chamath Palihapitiya's VC firm Social Capital fired two of its partners, citing an undisclosed “situation”, and hired a law firm to investigate
Bloomberg :
Social Capital CEO Chamath Palihapitiya appears unconcerned about the string of exits from the firm and says it will no longer raise outside capital
@chamath http://medium.com/... Anna Hensel / @ahhensel : It's quotes like these that make me never want to leave tech reporting: “I would rather spend time with the people that are 100% aligned with w...
Social Capital CEO Chamath Palihapitiya appears unconcerned about the string of exits from the firm and says it will no longer raise outside capital
- Chamath Palihapitiya told his employees he would be diverting much of the “carry” — the portion of investment returns traditionally given …
Inside the implosion of Social Capital as key partners and execs keep leaving and, sources believe, Chamath Palihapitiya is no longer putting the firm first
a Valley star's dereliction of duty, divorce, an affair with an Italian girlfriend, fleeing founding partners, unkept business promises—sound like a routine earnings call. http://twitter.com/... Downt...
Social Capital CEO Chamath Palihapitiya defends his work after a string of prominent staff departures and a failed expansion that have left investors dismayed
Seven years ago, Social Capital made its debut as one of the hottest venture funds in Silicon Valley, the brainchild …
Mamoon Hamid, co-founder of Social Capital, joins Kleiner Perkins as a general partner
- Venture firm Kleiner Perkins just poached Mamoon Hamid from Social Capital, a 6-year-old venture fund he co-founded. — The move follows a spate of departures at Kleiner Perkins over the last week …
Yahoo loses Arjun Sethi to Social Capital after buying his company MessageMe in 2014
Yahoo Loses Mobile Entrepreneur Arjun Sethi to Venture Firm — Yahoo Inc. is losing another one of the entrepreneurs brought in through Chief Executive Marissa Mayer's startup shopping spree.