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About Palihapitiya: Born in Sri Lanka, Palihapitiya emigrated to Canada at the age of six.
After stints at AOL,
Facebook Inc (NASDAQ:FB) and
Slack Technologies (NYSE:WORK), Palihapitiya launched The Social + Capital Partnership, a fund to invest in ventures no major companies would fund.
Palihapitiya launched Social Capital Hedosophia with Ian Osborne to use the alternative path to traditional IPOs to bring innovative tech companies to the public market. Palihapiya has plans to bring companies public using SPACs named alphabetically from IPOA to IPOZ. Six of the first SPACs have launched, with three closed and one with a pending merger.