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Social Capital Shakeup: 3 Partners Leave Chamath Palihapitiya's Firm
Social Capital is bleeding top investment partners. The venture firm, run by legendary investor Chamath Palihapitiya, has lost three partners — Tony Bates, Marc Mezvinsky, and Arjun Sethi — in two weeks. Palihapitiya says the firm will shift focus away from new growth opportunities and instead be "doubling down on proven winners." Another two partners have left Social Capital in a series of departures from the Silicon Valley venture firm. Full investment news article
Relevent to this post: Mamoon Hamid
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Bitcoin Price Outperformed Crypto Hedge Fund Pantera Capital Last Month - News, Price, Events
Sometimes it doesn’t pay to diversify — just ask cryptocurrency hedge fund Pantera Capital, whose fund underperformed the bitcoin price last month. According to Bloomberg, the firm’s Digital Asset Fund underperformed bitcoin during May as the cryptocurrency markets continued to decline further from the all-time highs they set in late December and early January. Pantera […] Full investment news article