[110], 20042011: Winamp, AOL, Mayfield, and Facebook, Transition to Single GP Technology Holding Company, San Francisco inequality and housing controversy. Palihapitiya acts like it doesnt matter. [56] The Securities and Exchange Commission opened an investigation into the allegations set forth in the Hindenburg Research report on February 4. Website: Biographyscoop.com 137. . "You bring it up because you care and I . He is the CEO and founder of Social Capital. Palihapitiya attended the University of Waterloo, graduating with a degree in electrical engineering. His investment firm, Social Capital, has made 207 investments in 131 companies, according to CrunchBase. Palihapitiya joined AOL, becoming the youngest vice president of the organization ever to lead its Instant Messaging Division in 2004. This is not about Russian ads. When he was just 27 years old. Chamath was caught up in a controversial debate with Ron Conway with respect to his strong views on the decision of San Franciscos mayor, Ed Lee, to provide houses at a subsidized rate to the Americans in the below-average income group. "2022 Annual Letter | Chamath Palihapitiya. In 2011, he and his wife set up their own fund, The Social+Capital Partnership. On Jan. 18, Palo Alto billionaire Chamath Palihapitiya regaled his Twitter followers with the heartwarming story of how he came to own a piece of the Golden State Warriors. But Palihapitiya also believes that the problems are much bigger than what technology can solve on its own. Who the F*ck Is Dr. Parik Patel? - Medium He is the son of Gamage Palihapitiya. Poverty fueled the young mans ambition, but it also made him acutely aware of the importance of the countrys social safety net. Palihapitiya had the capital and access to investors to start his own firm, which he named Social+Capital Partnership, in 2011. [21][22][23] As of 2015, the fund had more than $1.1 billion in total assets most of which came from external investors (i.e. (He sold a large chunk of his Virgin Galactic stake for $200 . Well, Palihapitiya was running the division in 2004. Lots of people can articulate ideas that everyone agrees with, but can you articulate with vision and logic ideas that are not mainstream? Its about a kind of pattern recognition that very few people have. (Palihapitiya notes that Aclima was rejected by his partners, so I just did it by myself.), As Herzl explains, The kind of innovation in Silicon Valley applied to retail and consumer apps has not been applied to the biggest challenges facing society. Kapoor says Palihapitiyas magnetic personality drew in the big names. In January 2022, Palihapitiya said on the podcast All-In with Chamath, Jason, Sacks & Friedberg to co-host Jason Calacanis that the ongoing Uyghur genocide and internment of at least one million Uyghurs in concentration camps in Xinjiang, China does not concern him: Nobody cares about what's happening to the Uyghurs, okay. He has also spoken on Gender gap in various sectors and has publicly criticized Apple CEO Tim Cook. He wants to use wealth "as a bridge to a more meaningful, long-term, largely unrealistic goal that can keep you focused, grounded and helpful to others.". Early Facebook exec Chamath Palihapitiya says platform could have fixed its product years ago, I am a naturalized US citizen but I was Born in Sri Lanka, raised in Canada. It wont last forever, of course. She has conducted in-depth research on social and economic issues and has also revised and edited educational materials for the Greater Richmond area. "Chamath Palihapitiya Invests in Two Deals in One Day During SPAC Boom. Chamath Palihapitiya has an Ex wife named Brigette Lau. [82][83], He reiterated this criticism in a podcast with Kara Swisher. Chamath was actually very easy to raise because he was always incredibly sharp and. He was married to Brigette Lau, they divorced in 2018. Palihapitiya raised a total of six special purpose acquisition companies (SPAC) before the end of 2020. According to Bloomberg: "His family had come to Canada from Sri Lanka when he was 5; his father, Gamage, was an official with the Sri Lankan High Commission posted to Ottawa. Mamoon Hamid, an early partner, went to Kleiner Perkins; a number of others, including former partner Ted Maidenberg, started a new VC firm called Tribe Capital.