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What is $IPOF ?
$IPOF is the sixth and largest SPAC in Chamath Palihapitiya's Social Capital Family, $IPOF will raise approximately $1.15bn.
There is currently no LOI / specific target.
There is currently no LOI / specific target.
What type of company are $IPOF targeting?
In order to understand Chamath's SPACs you first need to understand their composition, Social Capital Hedosphia is TWO companies:
Social Capital, A technology venture fund
Hedosphia: A Fintech venture fund
This is a good thing - More funding & More connections.
Social Capital, A technology venture fund Hedosphia: A Fintech venture fund This is a good thing - More funding & More connections.
A former Facebook executive turned venture capitalist, Chamath Palihapitiya is a man that needs no introduction.
Chamath helped take Virgin Galactic public $SPCE in early 2020 and the popularity of his SPACs such as $IPOC and $IPOB continues to propel Chamath into the spotlight.
Chamath helped take Virgin Galactic public $SPCE in early 2020 and the popularity of his SPACs such as $IPOC and $IPOB continues to propel Chamath into the spotlight.
As a former Google executive and Twitter $TWTR CEO, Dick Costolo brings a wealth of corporate experience to the Social Capital team.
"One of Silicon Valley's most impressive CEOs" - Business Insider.
"One of the 10 Most Influential U.S. CEOs" - Time Magazine
"One of Silicon Valley's most impressive CEOs" - Business Insider.
"One of the 10 Most Influential U.S. CEOs" - Time Magazine
Ian Osborne is the CEO of the billion-dollar Fintech venture fund Hedosophia. Despite cutting a low profile, Osborne, a friend of Bill Gates, offers a wealth of connections.
Osborne was also Business Advisor to UK Prime Minister David Cameron and recently, Michael Bloomberg.
Osborne was also Business Advisor to UK Prime Minister David Cameron and recently, Michael Bloomberg.
Sarah Leary is the founder of multi-billion dollar social network startup Nextdoor.
Leary has also worked as an executive at eBay $EBAY and later Microsoft $MSFT, where she helped deliver the 'industry changing' Microsoft Office program.
Leary has also worked as an executive at eBay $EBAY and later Microsoft $MSFT, where she helped deliver the 'industry changing' Microsoft Office program.
Although there has been no official LOI (Letter of intent) rumors do exist as to potential targets of $IPOF
I must stress, this is speculation. But intriguing nonetheless.
I must stress, this is speculation. But intriguing nonetheless.
People & Connections 
"SoFI to go public"
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