Chamath Palihapitiya
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Chamath Palihapitiya
Chamath Palihapitiya (born 3 September 1976) is a Sri Lankan-born Canadian and American venture capitalist, engineer, SPAC sponsor, founder and CEO of Social Capital. Palihapitiya was an early senior executive at Facebook, working at the company from 2007 to 2011. Following his departure from Facebook, Palihapitiya started his fund, The Social+Capital Partnership, through which he invested in several companies, including Yammer and Slack. The Social+Capital Partnership changed its name to Social Capital in 2015. He is a co-host of the technology podcast ''All In.'' Early life and education Palihapitiya was born on 3 September 1976 in Sri Lanka. In 1982, Palihapitiya moved with his family to Canada at age five; his father Gamage had been posted to the High Commission of Sri Lanka, Ottawa. Five years later, in 1986, the posting came to an end, and the family applied for refugee status rather than returning home on the basis that Gamage had been criticized for his views on the vi ...
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Sri Lanka
Sri Lanka (, ; si, ශ්‍රී ලංකා, Śrī Laṅkā, translit-std=ISO (); ta, இலங்கை, Ilaṅkai, translit-std=ISO ()), formerly known as Ceylon and officially the Democratic Socialist Republic of Sri Lanka, is an island country in South Asia. It lies in the Indian Ocean, southwest of the Bay of Bengal, and southeast of the Arabian Sea; it is separated from the Indian subcontinent by the Gulf of Mannar and the Palk Strait. Sri Lanka shares a maritime border with India and Maldives. Sri Jayawardenepura Kotte is its legislative capital, and Colombo is its largest city and financial centre. Sri Lanka has a population of around 22 million (2020) and is a multinational state, home to diverse cultures, languages, and ethnicities. The Sinhalese are the majority of the nation's population. The Tamils, who are a large minority group, have also played an influential role in the island's history. Other long established groups include the Moors, the Burghers ...
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Derivative (finance)
In finance, a derivative is a contract that ''derives'' its value from the performance of an underlying entity. This underlying entity can be an asset, index, or interest rate, and is often simply called the "underlying". Derivatives can be used for a number of purposes, including insuring against price movements ( hedging), increasing exposure to price movements for speculation, or getting access to otherwise hard-to-trade assets or markets. Some of the more common derivatives include forwards, futures, options, swaps, and variations of these such as synthetic collateralized debt obligations and credit default swaps. Most derivatives are traded over-the-counter (off-exchange) or on an exchange such as the Chicago Mercantile Exchange, while most insurance contracts have developed into a separate industry. In the United States, after the financial crisis of 2007–2009, there has been increased pressure to move derivatives to trade on exchanges. Derivatives are one of the ...
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SecondMarket
Nasdaq Private Market (NPM) provides a secondary market trading venue for issuers, brokers, shareholders, and prospective investors of private company stock. Since inception, NPM has facilitated more than $40 billion in transactional volume and has worked with 400+ private companies and 100,000+ employees, stakeholders, and investors. NPM offers private company and investors different solutions including tender offers, auctions, block trades, and custom company marketplaces. In 2021, NPM spun-off of Nasdaq to become its own, independent company receiving strategic investments from Silicon Valley Bank, Citi, Goldman Sachs, Morgan Stanley, and Allen and Co. SecondMarket Solutions changed its name to NASDAQ Private Market after being acquired by NASDAQ in a joint venture with SharesPost. In October 2015 NASDAQ took full ownership of NASDAQ Private Market. Prior to using the name SecondMarket the company was known as Restricted Stock Partners, Inc. History SecondMarket was founded in ...
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Glooko, Inc
Glooko, Inc provides a Software-as-a-Service (SaaS) application and accompanying mobile app for diabetes patients and their healthcare providers in the United States and internationally. An mHealth, Telemedicine and Population Management offering, Glooko is a HIPAA-compliant unified diabetes management platform that is used by both patients and their Health Care Providers (HCP). Accountable Care Organizations and Integrated Health Systems seeking to remotely monitor patient health to improve patient outcomes and reduce the costs of delivery, hospitalizations and emergency room visits have started to use telemedicine applications for patient remote monitoring to enable early warning and proactive action for issues related to chronic diseases like diabetes and hypertension. Glooko consists of a patient mobile app, a provider population management app accessed online and a meter sync hardware device which delivers insights and population management features and enables patients ...
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TechCrunch
TechCrunch is an American online newspaper focusing on high tech and startup companies. It was founded in June 2005 by Archimedes Ventures, led by partners Michael Arrington and Keith Teare. In 2010, AOL acquired the company for approximately $25 million. Following the 2015 acquisition of AOL and Yahoo by Verizon, the site was owned by Verizon Media from 2015 through 2021. In 2021 Verizon sold its media assets, including AOL, Yahoo, and TechCrunch, to the private equity firm Apollo Global Management, and Apollo integrated them into a new entity called Yahoo. In addition to its news reporting, TechCrunch is also known for its Disrupt conference, an annual technology event hosted in several cities across United States, Europe, and China. History TechCrunch was founded in June 2005 by Archimedes Ventures, led by partners Michael Arrington and Keith Teare. In 2010, AOL acquired the company for approximately $25 million. As of 2013, TechCrunch was available in English, Chine ...
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The Inside Story
Inside Story may refer to: Literature * ''Inside Story'' (novel), a 2020 novel by Martin Amis Music * ''Inside Story'' (Grace Jones album), 1986 * ''Inside Story'' (Lalaine album) * ''Inside Story'' (Prince Lasha album) * ''The Inside Story'' (album), a 1979 album by Robben Ford * "Inside Story", a 1988 song by Little River Band from the album ''Monsoon A monsoon () is traditionally a seasonal reversing wind accompanied by corresponding changes in precipitation but is now used to describe seasonal changes in atmospheric circulation and precipitation associated with annual latitudinal oscil ...'' Film * ''Inside Story'' (film), a 1939 American film * ''The Inside Story'' (film), 1948 American film Television * ''Inside Story'' (Australian TV program) * ''Inside Story'' (TV programme), on Al Jazeera English and Al Jazeera America * ''Inside Story'' (British documentary series), on BBC Two * ''The Inside Story'' (Philippine TV series) * "The Inside Story" ''(Rug ...
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Steven Levy
Steven Levy (born 1951) is an American journalist and Editor at Large for ''Wired'' who has written extensively for publications on computers, technology, cryptography, the internet, cybersecurity, and privacy. He is the author of the 1984 book '' Hackers: Heroes of the Computer Revolution'', which chronicles the early days of the computer underground. Levy published eight books covering computer hacker culture, artificial intelligence, cryptography, and multi-year exposés of Apple, Google, and Facebook. His most recent book, '' Facebook: The Inside Story'', recounts the history and rise of Facebook from three years of interviews with employees, including Chamath Palihapitiya, Sheryl Sandberg, and Mark Zuckerberg. Career In 1978, Steven Levy rediscovered Albert Einstein's brain in the office of the pathologist who removed and preserved it. In 1984, his book '' Hackers: Heroes of the Computer Revolution'' was published. He described a "hacker ethic", which became a guideline to ...
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Facebook Home
Facebook Home was a user interface layer for Android smartphones. Developed by the company then known as Facebook (now Meta Platforms), the software was designed to be a drop-in replacement for the device's existing home screen ("launcher"). It provided a replacement home screen that allowed users to easily view and post content on Facebook along with launching apps, a replacement lock screen that displayed notifications from Facebook and other apps, and an overlay which allowed users to chat via Facebook messages or SMS from any app. Facebook Home was unveiled at a press event on April 4, 2013, and was released on April 12, 2013 for a limited selection of devices from HTC and Samsung Electronicsincluding the HTC First, a new smartphone pre-loaded with the software. Facebook is no longer supporting or providing updates for Facebook Home. Design Citing that many users use smartphones for social networking services such as Facebook, its designers aimed to create an alternative ...
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Facebook Phone
The HTC First is an Android smartphone released by HTC on April 12, 2013. It was unveiled on April 4, 2013, as part of a press event held by Facebook. Serving as a successor to a pair of Facebook-oriented devices HTC released in 2011, it was the first and only Android device to be pre-loaded with Facebook's own user interface layer, Facebook Home, in lieu of HTC's own Sense. While considered compelling by critics for a mid-range phone due to its display quality and its optional use of stock Android beneath the default Facebook Home overlay, the HTC First was panned by critics for its poor camera and lack of removable storage, and was also affected by the similarly underwhelming reception faced by the Facebook Home software. AT&T, the exclusive U.S. carrier of the First, only reportedly sold over 15,000 units of the device, while both ''ReadWrite'' and ''Time'' named it among the biggest failures in the technology industry for 2013. Development In 2011, HTC released two low-end ...
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Facebook Beacon
Beacon formed part of Facebook's advertisement system that sent data from external websites to Facebook, for the purpose of allowing targeted advertisements and allowing users to share their activities with their friends. Beacon reported to Facebook on Facebook's members' activities on third-party sites that also participated with Beacon. These activities were published in users' News Feed. This occurred even when users were not connected to Facebook, and happened without the knowledge of the Facebook user. The service was controversial and became the target of a class-action lawsuit, resulting in it shutting down in September 2009. One of the main concerns was that Beacon did not give the user the option to block the information from being sent to Facebook. Beacon was launched on November 6, 2007, with 44 partner websites. Mark Zuckerberg, CEO of Facebook, characterized Beacon on the Facebook Blog in November 2011 as a "mistake." Although Beacon was unsuccessful, it did pave t ...
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Mayfield Fund
Mayfield, also known as Mayfield Fund, is a US-based venture capital firm that focuses on early-stage to growth-stage investments in enterprise and consumer technology companies. Founded in 1969 and based in Menlo Park, California, it is one of Silicon Valley's oldest venture capital firms. History The firm was founded in 1969 by venture capitalist Thomas J. Davis, Jr. and Wally Davis (no relation). Thomas Davis Jr. had earlier founded venture capital firm Davis & Rock with fellow investor Arthur Rock, with funding from several founders of Fairchild Semiconductor. William F. Miller, a former vice president and provost at Stanford University, was an early investor. In 2009 and 2010, Mayfield fully funded marketing automation software company Marketo's series C and D rounds, and benefited when the company went public in 2013. In June 2011, Mayfield invested in field SaaS software startup ServiceMax. In September, Mayfield invested in Zimride's Series A funding round, a pred ...
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California
California is a U.S. state, state in the Western United States, located along the West Coast of the United States, Pacific Coast. With nearly 39.2million residents across a total area of approximately , it is the List of states and territories of the United States by population, most populous U.S. state and the List of U.S. states and territories by area, 3rd largest by area. It is also the most populated Administrative division, subnational entity in North America and the 34th most populous in the world. The Greater Los Angeles area and the San Francisco Bay Area are the nation's second and fifth most populous Statistical area (United States), urban regions respectively, with the former having more than 18.7million residents and the latter having over 9.6million. Sacramento, California, Sacramento is the state's capital, while Los Angeles is the List of largest California cities by population, most populous city in the state and the List of United States cities by population, ...
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