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VC Reimagines Tech Investment

  • CNBC, Friday, September 21, 2018 6:56 AM

Chamath Palihapitiya has decided that he doesn’t want to run a tech venture capital firm saturated with “Stanford MBAs in fleece vests,” CNBC reports. In addition, the founder of Social Capital no longer plans to accept outside investment from limited partners, and will instead act like a “technology holding company,” it writes. That means “making investments in tech companies with no particular timeline for delivering a return.”

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