Chamath Palihapitiya, investor and CEO of Social Capital, joins Azeem Azhar to explore the dysfunctional relationship between capital and companies, why SPACs (special purpose acquisition companies) are such a necessary innovation, and why he’s pivoted his own firm to focus on hard, important issues like climate change and health.
They also discuss:
- How SPACs can open up the investing ecosystem for everyday retail investors.
- What tech regulators should learn from GDPR and how well-intentioned regulation can go wrong.
- How aggressive taxation of Big Tech could redirect capital to startups.
- “The Unusual Ambitions of Chamath Palihapitiya” (Institutional Investor, 2020)
- “Chamath Palihapitiya’s next big hustle” (Techcrunch, 2020)
- “The Man With Six SPACs” (Newcomer, 2020)
Exponential View newsletter
HBR Presents is a network of podcasts curated by HBR editors, bringing you the best business ideas from the leading minds in management. The views and opinions expressed are solely those of the authors and do not necessarily reflect the official policy or position of Harvard Business Review or its affiliates.
Send your news and stories to us firstname.lastname@example.org or email@example.com and WhatsApp: +447747873668.
Before you go...
Democratic norms are being stress-tested all over the world, and the past few years have thrown up all kinds of questions we didn't know needed clarifying – how long is too long for a parliamentary prorogation? How far should politicians be allowed to intervene in court cases? To monitor these issues as closely as we have in the past we need your support, so please consider donating to The Climax News Room.