Chamath Palihapitiya
This is the sixth of our annual letters where we share our reflections, key observations, and learnings over the past year, including how the economic and technological trends of the year have shaped our thinking and our investment portfolio.
Since I started Social Capital in 2011, our work has spanned the spectrum of technology. From investments in Bitcoin and SaaS in the early 2010s, to our more recent bets in deep tech, the global energy transition and the creator economy, we have tried to find big trends and get behind them early.
Our work has also spanned the life cycle of companies. From incubating new teams and ideas at the very earliest stages, to capitalizing fast-growing companies in both the public and private markets. Great opportunities are stage and sector agnostic, so we try to stay nimble and skate to where the puck is going to be.
Even though our investing has spanned many areas of technology and has leveraged a range of capital-raising tools, we believe there has been a common theme that has defined our work over the past 13 years: partnering with ambitious founders working to solve hard and non-obvious problems, and constantly challenging our own cognitive biases by learning from first principles.
