Social Capital to invest only internal capital, cease operations as venture firm


Chamath Palihapitiya, Social Capital, venture capital
Chamath Palihapitiya, founder and CEO of Social Capital, presents during the 2018 Sohn Investment Conference in New York on April 23, 2018. REUTERS/Brendan McDermid
Social Capital said it would cease operations as a venture firm, no longer accept capital from outside sources, and shrink by about 40 percent in size. The firm, plagued by a steady stream of departures in the past year, including ...

This content is available for Active LPs subscribers only. Request a free trial to get access for a limited period

If you already have an active Active LPs subscription, please sign in to view this article.