Social Capital
American venture capital firm
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| March 2024 | Social Capital fired senior partners Jay Zaveri and Ravi Tanuku over unauthorized fundraising for a startup in their existing investment portfolio, leaving Chamath Palihapitiya as the sole remaining investing partner. |
| September 2020 | Their SPAC IPOB merged with Opendoor Technologies, achieving a market capitalization of $4.8 billion. |
| 2018 | Marc Mezvinsky departed Social Capital in the spring. |
| 2018 | Partners Arjun Sethi, Jonathan Hsu, and Ted Maidenberg left Social Capital to co-found Tribe Capital. |
| 2017 | Continued the Discover program by investing in telecom infrastructure company Eridan and space technology companies Swarm Technologies and Relativity Space. |
| 2017 | Marc Mezvinsky joined Social Capital as vice chairman to help expand the firm beyond traditional venture capital. |
| August 2017 | Mamoon Hamid left Social Capital to join Kleiner Perkins as a general partner and managing member. |
| 2016 | Initiated the Discover program led by Jay Zaveri, investing in climate-related companies including UrbanFootprint, Saildrone, Beyond the Dome, and DroneSeed. |
| May 2015 | Social Capital was a leading investor in a funding round for Slack Technologies. |
| May 2015 | Social Capital raised $600 million in their third and largest venture capital fund, with PayPal cofounder Peter Thiel serving as a limited partner. |
| January 2015 | Fortune reported potential acquisition talks between Social Capital and Kleiner Perkins, which ultimately did not proceed. |
| 2014 | The firm invested in LotusFlare. |
| 2012 | Social Capital was a venture investor in InstaEDU, which was acquired by Chegg in 2014. |
| 2012 | The firm invested in Impermium, which was subsequently acquired by Google in 2014. |
| 2012 | Social Capital led a Series B funding round for Wave Accounting. |
| 2011 | Social Capital invested in Yammer, which was later acquired by Microsoft. |
| 2011 | Social Capital was founded by Chamath Palihapitiya, with Mamoon Hamid and Ted Maidenberg joining as General Partners. |
This contents of the box above is based on material from the Wikipedia article Social Capital (venture capital), which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.