The Funded: Ex Facebook exec Chamath Palihapitiya’s venture firm is ‘imploding,’ report says

Social Capital, the venture firm founded seven years ago by former Facebook Inc. executive Chamath Palihapitiya is “imploding,” according to a scathing report in Axios by the venture capital reporter Dan Primack. The article paints a picture of deep dysfunction at the Palo Alto-based firm, which has raised more than $1 billion and has invested in unicorn startups like Slack, SureyMonkey and now-public Box. “Social Capital appears to be done, at least as a major venture capital investor,” Primackā€¦

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The Funded: Ex Facebook exec Chamath Palihapitiya’s venture firm is ‘imploding,’ report says