Chamath Palihapitiya’s Social Capital Holds Bitcoin From 2013 Amid Talk of Public Listing
Social Capital, the Silicon Valley venture capital and private equity investment office started by an early Facebook vice president, has held bitcoin since 2013.
8 months ago
“Buy Bitcoin,” Another Billionaire VC Tells Investors Looking to Escape Massive Deflation
Bitcoin is a hedge in a deflationary cycle, said billionaire venture capitalist Chamath Palihapitiya in a Tuesday morning interview with CNBC. The Virgin Galactic chairman and Social Capital CEO commended the cryptocurrency for its lack of correlation with traditional markets. He further cited Paul Tudor Jones, a billionaire hedge fund manager, for taking a similar safe-haven call regarding Bitcoin. ‘Buy Bitcoin‘ is emerging as the mantra against the ongoing global financial crisis. The latest to...
a year ago
Everyone should have 1% of their assets in bitcoin, says Virgin Galactic chairman
Chamath Palihapitiya, chairman of spaceflight company Virgin Galactic and founder of venture firm Social Capital, has said that everyone should have 1% of their assets in bitcoin.
a year ago