Social Capital Hedosophia - the blank-check partnership led by billionaire investor Chamath Palihapitiya and venture fund founder Ian Osbourne - aims to raise $500 million with its fourth blank-check company,The special-purpose acquisition company, or SPAC, will be aptly named Social Capital Hedosophia Holdings Corp. IV.
The firm - led by billionaire investor Chamath Palihapitiya and venture fund founder Ian Osbourne - aims to raise $500 million for its next special-purpose acquisition company, or SPAC,reported Tuesday. The company is the fourth blank-check firm to come from the partnership and will be aptly named Social Capital Hedosophia Holdings Corp. IV.
The report comes just hours after Palihapitiya confirmed plans to merge the firm's second SPAC with Opendoor. The deal values Opendoor at $4.8 billion and will take the property tech company public. Shares of the involved SPACMORGAN STANLEY: Buy these 6 stocks poised for gains as the economic recovery continues and Congress mulls more coronavirus stimulus
Source: Financial Digest (financialdigest.net)
On which chamath blank check will the bull market end $IPOZ
Every billionaire is a policy failure.
Is this the dude I was just watching on the social media documentary on Netflix?
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Chamath Palihapitiya says the SPAC boom will revive a shrinking stock market concentrated in FANGPalihapitiya believes the SPAC structure could allow a variety of companies to go public in a backdoor way, which helps diversify a tech-heavy stock market. Pro Hair looks great Pelosi Pro Holy shit. Local government has been the ones killing our country not Trump. Trump try’s and gets blocked by Democrats every time. Jeez. Pro Oh boy Pelosi is choking up on 80 dollar a pint ice cream.
Source: CNBC - 🏆 12. / 72 Read more »
Palihapitiya finds next '10x idea' with $4.8 billion SPAC deal for real estate start-up OpendoorIPOB will merge with Opendoor and go public, says Chamath Palihapitiya. He details his long-term goals to democratize online real-estate. The deal values Opendoor at $4.8 billion. See you around campus Chamath. Why hasn't jimcramer been fired yet? Very smart man....
Source: CNBC - 🏆 12. / 72 Read more »
Billionaire investor Chamath Palihapitiya unloads on the 'wasted' first round of economic stimulus, and laments the unnecessary funding of 'zombie' companies | Markets InsiderBillionaire investor Chamath Palihapitiya unloads on the 'wasted' first round of economic stimulus, and laments the unnecessary funding of 'zombie' companies no more stimulus The wizard of intellect in business analysis. Chatmath you are a Guru. Thumps up for you from your eyes to the world.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Cramer says to 'slow down with the SPACs' as more rich investors join the blank check boomNew for subscribers: Cramer says to 'slow down with the SPACs' as more rich investors join the blank check boom Check out CNBCPro today. Pro What a disrespectful interview with the Speaker of the House. Cramer was so unprofessional but I'm sure the women-hater bros will eat it up. Some men resent powerful women. Pro That's a hard no from me Pro Somebody needs to SPACle over Jim Cramer.
Source: CNBC - 🏆 12. / 72 Read more »
Social Capital SPAC surges 25% after it confirms tie-up with Opendoor - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Anyone else think Chamath is a tool? 🙄
Source: BusinessInsider - 🏆 729. / 51 Read more »
Home Buyer Opendoor Is Going Public In $4.8 Billion MergerIt will merge with a shell company helmed by Chamath Palihapitiya, a venture capitalist and early Facebook executive. Noah_Kirsch This just gets dumber by the minute. Noah_Kirsch Ifb
Source: Forbes - 🏆 394. / 53 Read more »