Social Capital Fires Two Partners, Hires Law Firm
Social Capital, the venture capital firm led by podcaster and former Facebook executive Chamath Palihapitiya, fired two of its partners, citing an undisclosed “situation,” according to a letter sent to its investors that was reviewed by Bloomberg. Palihapitiya said that Jay Zaveri and Ravi Tanuku were both terminated after the firm became aware of the situation last week. The company hired a law firm and subsequently fired the two partners over the weekend. Palihapitiya informed investors of the...
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