Why Reddit Loves Elon Musk, Cathie Wood and Chamath Palihapitiya. The decline in stocks came even as the Federal Reserve signaled its willingness to continue bolstering the economy. Chamath Palihapitiya (born 3 September 1976) is a Canadian-American venture capitalist, engineer, SPAC sponsor and the founder and CEO of Social Capital.. Palihapitiya was an early senior executive at Facebook, working at the company from 2007 to 2011.Following his departure from Facebook, Palihapitiya started his own fund, The Social+Capital Partnership, through which he invested in ⦠Shares of GameStop surged 135% on Wednesday, bringing their gain since Jan. 12 to about 1,700% and ballooning its market capitalization to $24 billion. Description. He has invested in many online ventures and small companies throughout his career. Social Capital's Chamath Palihapitiya closed his GameStop (NYSE: GME) position this morning, CNBC reported, citing an interview with the investor. CNBC (AMC and GME) - Melissa Lee - Naked Shorts, Yeah - Full Interview - ⦠Palihapitiya, who purchased calls in GameStop with a strike price of $115, told Wapner he sold the options. source Tesla Inc. boss Elon Musk, serial SPAC promotor Chamath Palihapitiya and fund manager Cathie Wood of Ark Investment Management have all succeeded in coopting the retail investing public, rather than be run over by it. Thatâs according to an interview with CNBCâs Scott Wapner on Wednesday, in which Palihapitiya said he sold his position this morning. On Tuesday, Palihapitiya had tweeted that he purchased 50 out of the money call options on GameStop, worth about $US125,000. Oh and Chamath had a great interview with CNBC, eloquently summing up why mainstream media was completely wrong â only a shortened version is available online now (Update: A reader shared a link to the full interview â available here â may get taken down anytime). How to watch AOCâs GameStop (GME) and Robinhood discussion livestream. Chamath Palihapitiya joined Scott Wapner on CNBCâs âHalftime Reportâ to discuss his recent purchase of GameStop Corp (NYSE: GME) options. This interview was pretty amazing. You are currently posting as works at ... Chamath totally flipped the script that there should be transparency for hedge funds which would serve as real education. 140% short leverage. The shares were heavily shorted by investors betting on a ⦠Updated 0112 GMT (0912 HKT) January 29, 2021 ... During a Thursday evening interview ⦠He was born in Sri Lanka and he later moved to Canada with his family. A pretty good segment with Chamath Palihapitiya who apparently took a $100k call position in GME "to learn". Search titles only; Posted by Member: Separate names with a comma. CNBC Guest SCORCHES Anchor for Siding With Wall Street Over the Little Guy in Epic Clash Over GameStopâs Meteoric Rise By Joe DePaolo Jan 27th, 2021, 2:26 pm Twitter share button ""The tools ⦠Three people from the world of business and finance might be able to offer some insight. Chamath Palihapitiya has made a lot of money over the years investing in companies. - 01:34. Thread starter PirateMk1; Start date Jan 29, 2021; PirateMk1 Resident Martian ;) DP Veteran. Chamath Palihapitiya was just on CNBC trying to explain our current situation. Social Capital Chamath Palihapitiya says, âI have Scott I have my own model for the company. ... Watch CNBC's full interview with Chamath Palihapitiya on GameStop and Reddit-fueled surge . Chamath Palihapitiya defends the WallStreetBets community after backlash due to the substantial losses incurred in GameStop short positions. Chamath is a finbro but I prefer him to the likes of Cramer or literally anyone at CNBC, who are both boring boomers and deeply in bed with "Old Money". Check the live quote of GameStop shares in extending trading here. Iâm allowed to underwrite; however I want to own it everybody that bought that stock is also underwriting how they want to own it and the point is just because youâre wrong doesnât mean you get to change the rules especially when when you were wrong you got bailed out the last ⦠An investment in GameStop Corp (NYSE: GME) paid off in a hurry and Palihapitiya is now paying it ⦠| Brian Ach/Getty Images for TechCrunch By JEREMY B. ⦠In the interview recorded on Thursday, Fast Money Halftime Report host Scott Wapner appears utterly stunned at the suggestion from Chamath Palihapitiya, the CEO of venture capital firm Social Capital. âShow madchunè¬ç§æ, Ep S2E29 - GameStop ($GME) HOLD THE LINE!! Where can I find the full version of todayâs CNBC interview with Chamath? Heâs 34, wears a⦠Watch CNBC's full interview with venture capitalist Chamath US shouldn't bail out hedge funds, billionaires (Mar 29, 2021) Chamath Palihapitiya, founder and CEO of investment firm Social Capital, told CNBC on Thursday that the U.S. shouldn't be bailing out Chamath Palihapitiya â Full CNBC Interview â (27th Jan 2021) (not on cnbc) News. Ravensmash. Chamath came to ⦠43. Taking advantage of retail investors. Newer Than: Search this thread only. Jan. 28, 2021 7:49 p.m. PT. All pages; Before page 142; After page 142; Search this forum only Close. In the quarter, GameStop reported that its net loss narrowed to $66.8 million, or $1.01 per share, from a loss of $165.7 million, or $2.57 per. Chamath Palihapitiya â Full CNBC Interview â (27th Jan 2021) (not on cnbc) ... Wtf is this guy blabbering about GameStop's fundi-mentals. Edit: It's open again. There is.. Walker Bragman. Venture capitalist and âSPAC Kingâ Chamath Palihapitiya speaks during an event in 2018. The GameStop stock plot thickens, with the latest development being a guest appearance by US Representative Alexandria Ocasio-Cortez. Shares of GameStop tumbled in extended trading after WallStreetBets, a popular Reddit forum, turned invitation-only. In an interview with CNBC, Palihapitiya says that the crowd of users on the subreddit are just as capable of playing the trading game as giant Wall Street hedgefunds are and that the GameStop pump is just one example of that. Silicon Valley Star Chamath Palihapitiya Is No Robin Hood. Credit: CNBC Television. By. In this interview, Chamath brilliantly defends the actions of Reddit âstock-activistsâ engaged in a short-seller squeeze against some prominent hedge funds that had sold short GameStop, AMC, and other vulnerable firms. GameStop disclosed on June 9, 2021 that it filed a prospectus supplement with the U.S. Securities and Exchange Commission to offer and sell up to a maximum of 5,000,000 shares of its common stock from time to time through the ATM Offering. Cipherr. 3 reactions. â Chamath Palihapitiya (@chamath) January 26, 2021 GameStop shares have traded wildly over the last week in a battle between short sellers ⦠Venture capitalist Chamath Palihapitiya stunned CNBC anchor Scott Wapner and generated widespread applause on social media by declaring in a television interview Thursday that the U.S. government should let hedge funds and billionaire CEOs "get wiped out" by the coronavirus-induced economic collapse and instead focus its attention on rescuing Main Street. WallStreetBets vs. Suits, breaking down the GameStop fiasco & more | E1167 by This Week in Startups from desktop or your mobile device In the last seven days the short has increased by $117 million, or 1.1%, as the stock price surged. David Einhorn has accused Elon Musk, the CEO of Tesla Inc (NASDAQ: TSLA), and venture capitalist Chamath Palihapitiya of adding the real âJet Fuelâ to the fire during the GameStop ⦠On Thursday, during CNBC's "Fast Money Halftime Report" show, host Scott Wapner interviewed Social Capital CEO Chamath Palihapitiya. Billionaire investor Chamath Palihapitiya purchased GameStop stock on Tuesday and sold Wednesday, more than tripling his initial $125,000 investment. Chamath Palihapitiya speaks out against CNBC and Wallstreetsâ attempt to target r/wallstreetbets against institutional manipulation. The central bank decided to keep interest rates close to zero. Like. Matt Robinson. 4:52. 1. ... Palihapitiya appeared in an interview on CNBC ⦠Itâll probably open back up soon. They pared those losses around an ⦠Iâm allowed to underwrite; however I want to own it everybody that bought that stock is also underwriting how they want to own it and the point is just because youâre wrong doesnât mean you get to change the rules especially when when you were wrong you got bailed out the last ⦠Watch CNBCâs full interview with Chamath Palihapitiya on GameStop and Reddit-fueled surge. In the recent GameStop saga, Chamath Palihapitiya portrayed himself as a defender of the little guy and floated running for office. What started as a venture-capital firm in 2011 could be a Berkshire Hathaway for the 21st century. He announced on CNBCâs 'Fast Money: Halftime Report' that he would donate the money to Portnoy's Barstool Fund to help small businesses suffering losses during the pandemic. In a CNBC interview today, Chamath pushed back against the interviewer who questioned whether WSBers were doing any real research on GameStop and other meme stocks. CNBC's interview with Chamath Palihapitiya on GameStop and Reddit-fueled surge 21 Comments. Here are the 11 best quotes. Get GameStop Corp (GME:NYSE) real-time stock quotes, news, price and financial information from CNBC Revenue: $1.28 billion vs. $1.16 billion expected. The so ⦠He is a well-known Bitcoin bull and proponent whoâs outlined on multiple occasions that BTC is an important part of everyoneâs investment portfolio. But Chamath Palihapitiya-led ⦠The tech investor closed his GameStop position. The investor Chamath Palihapitiya told CNBC on Wednesday that GameStop's rally resembled Tesla's rise. He said GameStop's mind-boggling surge this week was another instance of individual investors winning out over hedge funds. We would like to show you a description here but the site wonât allow us. I get the "holding truth to power" narrative is attractive but Chamath is not our saviour. Yesterday, I tried to post a remarkable interview with Chamath Palihapitiya, the founder of Social Capital, and CNBC. A year ago GameStopâs market value was about $250 million, now itâs $13.5 billion. Photos show China's most surreal tourist spot â a fake Instagram-worthy town full of pretend farmers and phony fishermen. CNBC took this video down because apparently they didn't like what Chamath had to say, and now they're issuing copyright strikes for people who put it up. Gamestop CNBC Full Interview with Chamath Palihapitiya. CNBC never uploaded the full segment and has made attempts to use DMCA takedowns to hide the video online. GameStop Corp. today announced that it has completed its previously announced âat-the-marketâ equity offering program. In the comments section below, someone posted the full interview with Chamath P. Itâs a tremendous interview as I said, and the anchor really shows how dimwitted he is when it comes to markets. It began when Chamath Palihapitiya argued, in a CNBC interview on April 9, that âzombie companiesâ like airlines did not deserve a bailout ⦠Q. Social Capital CEO Chamath Palihapitiya, who bought into GameStop yesterday, described the WallStreetBets activity in a CNBC interview as "a pushback against the ⦠Palihapitiya is donating the proceeds o ⦠GameStop, meme stocks, and the revenge of the retail trader. The moderators there have made that sub private before. GameStop is spiking after users of online forums on Reddit and other sites hyped the stock, which started the year below $19. Listen. GameStop's unprecedented Reddit-driven stock surge has echoes of Tesla's yearslong rally, the billionaire tech investor Chamath Palihapitiya told CNBC ⦠CNBC: Watch CNBC's full interview with Chamath Palihapitiya on GameStop and Reddit-fueled surge. Jan 29, 2021 (they keep deleting his interview off of YouTube, apparently they donât want you to know the Truth â I will try to find the full interview and post random clips below until I find it.) Here are 10 memorable quotes and moments from the CNBC interview. 10 Best Moments From Chamath Palihapitiya's CNBC Interview: 'Pushback Against The Establishment' Chamath Palihapitiya joined Scott Wapner on CNBCâs âHalftime Reportâ to discuss his recent purchase of GameStop Corp (NYSE: GME) options. Chamath talking about protecting the little guy is like Steve Cohen talking about respecting securities laws. Member. By Joey Klender. You can access it by paying for CNBC Pro. By. CNBC anchor Jon Fortt unpacks how the GameStop stock story was covered by the media and if technology has the ability to democratize ⦠Chamath Was Incredible in his CNBC Interview Today (YouTube: Chamath Palihapitiya â Full CNBC Interview â (27th Jan 2021)) News "The lack of integrity in the system is the precursor that caused GameStop to be sold short 136% and for people to pile on and try to destroy a company." Chamath Palihapitiya defends the WallStreetBets community after backlash due to the substantial losses incurred in GameStop short positions. In the comments section below, someone posted the full interview with Chamath P. Itâs a tremendous interview as I said, and the anchor really shows how dimwitted he is when it comes to markets. AOC spoke to a number of Wall Street experts. According to research firm S3 Partners, total short interest in GameStop was $10.6 billion as of Wednesday. This interview with Chamath Palihapitiya, chief executive of Social Capital, a venture capital firm, was conducted and condensed by Adam Bryant. Posted by 3 days ago. Twitch. To see the full interview with Palihapitiya sign up for a free trial to CNBC Pro: . Enforcement cases often hinge on ⦠If they bring in a PIPE the SPAC can bring a $6-$10 billion+ market cap ⦠By Sagarika Jaisinghani, Medha Singh and Svea Herbst-Bayliss (Reuters) â Retail traders chalked one up versus Wall Street on Wednesday as hedge funds took heavy losses on short positions in GameStop, and regulators and financial professionals called for more scrutiny of trading fueled by anonymous social media posts. Here are 10 memorable quotes and moments from the CNBC interview. The so ⦠Chamath Palihapitiya (chairman of SPCE) Interview on CNBC, Tears Apart CNBC Analysts Defending the Bailout of Hedge funds and Billionaires (Full Audio Included) April 11, 2020 April 9, 2020 by IWB Sharing is Caring! GameStop GME -1.32% is the platonic ideal of a stock bubble. An investment in GameStop Corp (NYSE: GME) paid off in a hurry and Palihapitiya is now paying it ⦠let's take a look at the u.s. equity futures yesterday was a pretty interesting day, and by interesting i mean down. Create. In light of recent events regarding the Wall Street trading of GameStop shares, AOC will talk stocks on Twitch tonight at 8:30pm EST. Share. According to research firm S3 Partners, total short interest in GameStop was $10.6 billion as of Wednesday. Palihapitiya appeared on CNBC on January 27 and said the GameStop phenomenon was an example of individual investors pushing back against the Wall Street establishment. Transcribed. The gamestop play was nothing more then a group of day trading "retail" investors trying to crush Hedge Funds (Melvin Capital Hedge Fund in particular), who themselves in turn were trying to crush the company and by extension "typical" retail traders who are long / less active. Melvin Capital closed out its short position, according to a CNBC report earlier, and Citronâs short in GameStop is also closed in the $90 price bracket. Chamath Palihapitiya Says GameStop Saga Proves Retail Traders Are As Smart As Hedge Fund Managers. An investment in GameStop Corp (NYSE: GME) paid off in a hurry and Palihapitiya is now paying it ⦠Broadcast your events with reliable, high-quality live streaming. Bitcoin could go to 200,000 in the next five or 10 years, Palihapitiya said in a recent CNBC interview. The stock market was having a rather negative day on Friday morning, with all major market indexes in the red. Bloomberg via Getty Images Some 43.5 percent of Cloverâs float shares have been sold short, CNBC ⦠U.S. shares of BlackBerry Ltd jumped 33%, bringing their gain in 2021 to 279%, while movie theater operator AMC surged 300% and is now up over 800% year to date. CNBC never uploaded the full segment and has made attempts to use DMCA takedowns to hide the video online. 1. Theron Mohamed, 16 April 2021 The elite investor David Einhorn blasted market regulators, accused Elon Musk and Chamath Palihapitiya of juicing assets, and praised the GameStop champion Keith Gill in a letter to Absurd. 470. Chamath Palihapitiya speaks out against CNBC and Wallstreets' attempt to target r/wallstreetbets against institutional manipulation. 5 months. Bloomberg: Tootsie Roll at Record Highs as Shorted Stocks Get Trader Love. Palihapitiya, Jon Najarian Donating GameStop Profits To The Barstool Fund Chamath Palihapitiya has made a lot of money over the years investing in companies. An investment in GameStop Corp (NYSE: GME) paid off in a hurry and Palihapitiya is now paying it forward with a donation to charity. Screw them. Chamath Palihapitiya has big ambitions for Social Capital. If you want to see the full original interview, it can be found here . Keith Gill, the Redditor known as âDeepFâkingValueâ who led an army of average Joes to drive up the cost of GameStop stocks, is everything youâd expect him to be. 1. GameStop jumps more than 130% even as hedge funds cover short bets, scrutiny of rally intensifies [CNBC] Hedge Funds Slashing Equity Exposure at Fastest Pace Since 2014 [Bloomberg] Q. He is just a teleprompter reader. Posting as : works at. CNBCâs âHalftime Reportâ team is joined by Chamath Palihapitiya, CEO of Social Capital, to discuss how he traded GameStop and what he thinks this means for the investment landscape going forward. GameStop's stock has risen a massive 750% in 2021 as online retail investing group WallStreetBets drove the stock up. Wall St vs Main St fight quashes hedge funds as GameStop extends rally. BANNED VIDEO CNBC INTERVIEW WITH CHAMATH PALIHAPITIYA ON GAMESTOP - NewTube Shares of GameStop, ... as professionals and can come to the same conclusion or maybe the opposite," technology investor Chamath Palihapitiya told CNBC⦠Here are 10 memorable quotes and moments from the CNBC interview. Transcribed. Year-to-date, GameStop shorts have lost $19.15 ⦠What's your opinion. Amazon Inc (NASDAQ: AMZN ) could be worth $3 trillion by 2025, Palihapitiya said in 2016. Chamath Palihapitiya joined Scott Wapner on CNBCâs Halftime Report to serve Wapner a dose of reality on his recent purchase of GameStop options.This is an interview you donât want to miss. Chamath Palihapitiya is the CEO and founder of Social Capital. In the last seven days the short has increased by $117 million, or 1.1%, as the stock price surged. I would argue he is just as bad as any other hedge fund manager. Member. 7:33 GameStop stock saga recap 12:27 Clip reaction: Citronâs Andrew Left addresses WSB 15:55 Clip reaction: Andrew Ross Sorkin breaks Melvinâs exit on CNBC 18:20 Clip reaction: Chamath talks about Wall Street losing their edge & the retail investors leveling the playing field on CNBC 22:28 Clip reaction: Scott Wapner challenges Chamath on CNBC Outside a GameStop store people line up to purchase a Sony PS5 gaming console in the Manhattan borough of New York City, New York, U.S., November 12, 2020. In this interview, Chamath brilliantly defends the actions of Reddit âstock-activistsâ engaged in a short-seller squeeze against some prominent hedge funds that had sold short GameStop, AMC, and other vulnerable firms. The guy is on CNBC every other day. View Full Interview - CNBC & Chamath Palihapitiya - January 27, 2021 on Odysee As the tug-of-war between the everyday investors and hedge funds heated up and support grew for GameStop ⦠Ex-Facebook executive Chamath Palihapitiya told CNBC on Tuesday that social media is creating a society that confuses "popularity" with "truth. Chamath Palihapitiya exposes CNBC and Wall Street â Part One Chamath Palihapitiya stepped up his trash talk on GameStop (NYSE: GME), after earlier taking a call option position in the short-squeezed stock, saying he will beat market titan Ken Griffin. Chamath Palihapitiya of Social+Capital Partnership speaks onstage at the TechCrunch Disrupt NY 2013 at The Manhattan Center on April 29, 2013 in New York City. and. As of 2021, Chamath Palihapitiyaâs net worth is roughly $1 billion. Virgin Galactic Chairman Chamath Palihapitiya has shared his bitcoin investment strategy, predicting that bitcoin's price could reach a million dollars. Thatâs why this sub was created. Chamath Palihapitiya told CNBC on Wednesday the recent frenzy of trading stemming from Reddit's WallStreetBets demonstrates that retail investors can ⦠Redditåéè§£æ¾ RobinHoodå«è²§æ¿å¯ - Feb 1, 2021 This interview with Chamath Palihapitiya, chief executive of Social Capital, a venture capital firm, was conducted and condensed by Adam Bryant. Chamath Palihapitiya dukes it out with CNBC's Scott Wapner over the drama surrounding GameStop stocks. Stream Emergency Pod! ... Palihapitiya appeared in an interview on CNBC ⦠Live Streaming. Screw them. âShow This Week in Startups - Audio, Ep Emergency Pod! Chamath Palihapitiya has made a lot of money over the years investing in companies. By Matt Egan, CNN Business. A CNBC interview going viral on Friday shows a venture capitalist urging the government not to bail out billionaires and hedge funds and instead let them "get wiped out.". Billionaire tech investor Chamath Palihapitiya announced in a live interview on CNBC in January of this year, that he closed out his position in GameStop. Social Capital Chamath Palihapitiya says, âI have Scott I have my own model for the company. Palihapitiya, who purchased calls in GameStop with a strike price of $115, told Wapner he sold the options. Chamath Palihapitiya, CEO of Social Capital, joined "Squawk Box" on Tuesday to discuss his SPAC Social Capital Hedosophia II acquring real estate startup Opendoor, as well as the markets, the economy, the incredibly competitive streaming market and why gatekeepers Facebook and Google are in the best position to win the streaming wars. Chamath Palihapitiya has made a lot of money over the years investing in companies. Posted on January 7, 2021. Itâs now being blocked by either YouTube or NBC Universal. Palihapitiya, who purchased calls in GameStop with a strike price of $115, told Wapner he sold the options. "I'd encourage anyone who is ⦠Make social videos in an instant: use custom templates to tell the right story for your business. CNBC Anchor's Interview With Venture Capital CEO Takes An Unexpected Turn. Yesterday, I tried to post a remarkable interview with Chamath Palihapitiya, the founder of Social Capital, and CNBC. According to research firm S3 Partners, total short interest in GameStop was $10.6 billion as of Wednesday. Billionaire investor Chamath Palihapitiya has sold his call options in GameStop, according to an interview with CNBC on Wednesday. Reddit-Fueled Rallies Like GameStopâs Defy Easy Crackdown by SEC. Chamath Palihapitiya speaks onstage at the TechCrunch Disrupt NY 2013 on April 29, 2013 in New York City. This may become a less happy position when the stock market bubble eventually bursts. Inside Robinhood, the free trading app at the heart of the GameStop mania. Claire Ballentine. Venture capitalist and noted SPAC creator and investor Chamath Palihapitiya says on CNBC that he closed out an options position in GameStop earlier today. Jason Koebler / VICE: Send This to Anyone Who Wants to Know WTF Is Up With GameStop Stock. A combination of easy money, a real improvement in the companyâs prospects, technical support from a short squeeze and a ⦠It is set to air tonight at 9 p.m. British time. January 26, 2021, 9:25 AM PST. David Einhorn calls out Elon Musk and Chamath Palihapitiya, defends GameStop champion Roaring Kitty, and blasts market regulators in a new letter. Scott got taken for a ride. You can access it by paying for CNBC Pro. Itâs now being blocked by either YouTube or NBC Universal. Chamath Palihapitiya joined Scott Wapner on CNBCâs âHalftime Reportâ to discuss his recent purchase of GameStop Corp (NYSE: GME) options. He is just a teleprompter reader. Tesla set to âdouble and triple againâ after energy business causes âbig disruptionâ.
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