Social Capital will no longer raise outside capital
TechCrunch -

Former Facebook executive turned venture capitalist Chamath Palihapitiya announced this morning that his firm, Social Capital, would no longer raise outside capital. The firm will transition into a technology holding company by the end of 2018 and will invest $50 million to $250 million off a “multi-billion dollar balance sheet of internal capital only.” “[We] will focus […]

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