Social Capital was founded in 2011 by Chamath Palihapitiya, previously an early member of Facebook's senior executive team and, before that, in leadership roles at The Mayfield Fund, AOL, and Winamp. Its original venture funds (the 'SC GP/LP Funds') are closed to new investors; since 2019 the firm has instead deployed what it calls 'Proprietary Capital' -- Palihapitiya's own balance-sheet money --...
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