Richard Branson’s Virgin Galactic will be the first publicly traded company for human spaceflight

The race to become the first publicly traded company dedicated to human spaceflight is over, and Virgin Galactic has won. The company will be listing its shares on the New York Stock Exchange through a minority acquisition made by Social Capital Hedosophia, the special purpose acquisition company created by former Facebook executive Chamath Palihapitiya as […]

Social Capital reincarnated

Nine months ago, the once high-flying venture capital fund Social Capital made the bold decision to stop accepting outside capital and operate as a family office, in essence. The co-founder of the outfit, brazen billionaire and early Facebook executive Chamath Palihapitiya, pledged to upend his investment strategy and make fewer but much larger investments as […]

The death of once high-flying VC funds

They all started with the best of intentions. Formation 8 talked about bringing “smart enterprise” to the corporate world. Social Capital talked about how to “fix capitalism,” and Binary Capital wanted to “affect global behaviour change.” Rothenberg Ventures set out to “work on the biggest problems that change the world.” Young founding partners debuting change-the-world […]

Three former Social Capital partners are reportedly raising a $200M fund

Tribe Capital, the venture capital firm launched by Arjun Sethi, Jonathan Hsu and Ted Maidenberg, a trio of former Social Capital partners, is reportedly raising $200 million for its first flagship venture capital fund.  This story is developing. We’ve reached out to the firm for comment. Tribe was said to be focusing on cryptocurrency and […]

Welcome to CTRL+T, TechCrunch’s podcast about tech and culture

 Without further ado, it brings us great pleasure to introduce you to CTRL+T, a new podcast hosted by TechCrunch Reporter Megan Rose Dickey and Editorial Director Henry Pickavet. On this week’s episode, we discuss former Facebook executive Chamath Palihapitiya’s declaration that the social network is effectively “destroying how society works,” the FCC’s vote on… Read […]

Facebook bats back after a second former exec accuses it of negatively impacting society

 Yesterday, The Verge published comments made by investor and former Facebook executive Chamath Palihapitiya, quoting his interview last month at Stanford’s Graduate School of Business, where he echoed recent comments made by former Facebook  president Sean Parker that the platform is having deleterious effects on society. Read More (adsbygoogle = window.adsbygoogle || []).push({});