Social Capital

Metromile, an insurance-focused fintech powered by data science and machine learning, on Monday formally announced the addition of a $50 million investment from Ryan Graves, a former Uber executive that will join the company's board also. What Happened: Metromile caters to non-traditional...

Thanks to the surge in the number of SPACs and the media coverage of them, Chamath Palihapitiya has become a familiar name among traders. Now, he's asking people what more he can offer them for investment choices. What Happened: Palihapitiya took to Twitter to ask his 730,000 followers if they...

Metromile, an insurance-focused fintech powered by data science and machine learning, on Tuesday, formally announced its intent to go public. As part of the development, Benzinga chatted with Metromile communications director Rick Chen. About Metromile: Founded in 2011, Metromile caters to non-...

Richard Branson's Virgin Galactic is one step closer to realizing his space-tourism dream as the company is set to list shares on a public exchange. What Happened Branson himself invested most of the more than $1 billion in capital poured into Virgin Galactic since 2004, according to The Wall...

As bitcoin mania continues to grow, Cboe Global Markets Inc (NASDAQ: CBOE)'s website crashed after the digital currency began trading on the futures exchange over the weekend. The Experts Social Capital's Chamath Palihapitiya and Bill Baruch, senior market strategist at iiTRADER....

Anything but bitcoin. The cryptocurrency got little love at CNBC’s Delivering Alpha conference Tuesday, with JPMorgan Chase & Co. (NYSE: JPM) CEO Jamie Dimon calling it “fraudulent” and Saba Capital Management CIO Boaz Weinstein attributing its rise to nothing beyond FOMO....

Social Capital's CEO Chamath Palihapitiya presented himself as "uber Amazon.com, Inc. (NASDAQ: AMZN)," presenting the case for a valuation above and beyond $1 trillion in 10 years. By Thursday afternoon, his view on Amazon has been widely circulated and evaluated by investors....

Social Capital's Chamath Palihapitiya said during the Ira Sohn conference on Wednesday that Amazon.com, Inc. (NASDAQ: AMZN)'s stock will be valued in the trillions of dollars. Speaking as a guest on CNBC's Squawk Box on Thursday, Palihapitiya defended how he arrived at his uber-...