Social Capital is a venture capital and private equity platform. The firm makes big bets on transformational ideas, technology, and people. In its first iteration, the firm increased traditional venture funds with investments in companies like Box, Slack, and Relativity Space.
Details
- Founder: Chamath Palihapitiya, Mamoon Hamid, and Ted Maidenberg.
- Founded year: 2011
- Headquarters: Palo Alto, California, US.
The platform's mission is to follow their curiosities just as tirelessly as they chase results, with a broad focus on crypto/decentralized finance, deep tech, and life sciences. Investing in smart, profit-minded opportunities and pioneering social investments that have the potency to structure a better future.
Social Capital encourages entrepreneurship at every stage as the firm operates without many of the boundaries of traditional fund structures. For-profit businesses have the outsized strength to make an impact across the globe. Consequently, two SPAC platforms, namely Social Capital Hedosophie and Social Capital Suvretta, have been launched to offer an alternative growth path for organizations to go public.