Palihapitiya was born in Sri Lanka and, at six years old, moved with his family to Canada as evacuees from a Sinhalese family from Srilanka. Srilanka is controlled by the Sinhalese greater part. All through his adolescence, Palihapitiya’s dad was continually jobless and his mom was a maid, and later a medical attendants’ helper. Living on government assistance, Palihapitiya rested on a sleeping pad in the living room. He went to Lisgar Collegiate Institute while working low maintenance to help his family, and graduated at the time of 17.
Subsequent to moving on from the University of Waterloo in 1999 with a degree in electrical designing, Palihapitiya labored for a year as a subordinates broker at the venture bank BMO Nesbitt Burns. He moved to California to be with his then-sweetheart, Brigette Lau, and they later married. In 2018 Palihapitiya petitioned for divorce.Palihapitiya as of now lives in California with his better half Nathalie Dompe, an italian drug beneficiary and model.
|Born||September 3, 1976
|Education||University of Waterloo|
|Known for||Software development|
Career as a software engineer and manager
Palihapitiya joined AOL, turning into the organization’s most youthful VP ever, heading its texting division in 2004. In 2005, he left AOL and joined Mayfield Fund; a couple of months after the fact he left that work and joined Facebook, which was then somewhat more than a year old.Palihapitiya’s work at Facebook included attempting to build its userbase.
Career as a venture capitalist
Palihapitiya made speculations as an afterthought while still utilized at Facebook, remembering ventures for Palantir, Pure Storage (NYSE:PSTG), Playdom (purchased by The Walt Disney Company), and Bumptop (purchased by Google).
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In 2011, he left Facebookand began his own asset, The Social+Capital Partnership, with his better half. The firm changed its name to Social Capital in 2015. It has stood apart deliberately, with an emphasis on innovation in medical care, monetary administrations, and training, just as on programming as an assistance. Social Capital began putting resources into wellbeing and instruction when those fields were to a great extent dismissed by other endeavor capitalists.
The asset from the start was applauded by Peter Thiel, who put resources into it and communicated energy for Palihapitiya’s approach.
Through the asset, Palihapitiya has put resources into various organizations, including Glooko, Inc, Yammer, SecondMarket, Slack, Box, and Premise.In 2017 he turned into an individual from the top managerial staff of Slack.
In March 2013, Palihapitiya affirmed that his endeavor reserve had raised more than $275 million in its second round of fundraising.As of 2015, the asset had more than $1.1 billion altogether assets.
In October 2015, Palihapitiya and Social Capital worked with the innovation business distribution The Information to distribute a report on variety in investment. The examination found that 92% of senior speculation groups at top-level endeavor firms are male and 78% are white.Based on the report, Palihapitiya composed a commentary requiring a “reminder” among investment firms that would “recover our latent capacity and open entryways” to “encircle ourselves with a more different arrangement of encounters and… organize an assorted arrangement of things.”
The year 2018 saw a decrease in the Social Capital asset’s tasks and a monstrous mass migration of top administration and prime supporters.
In 2019 Palihapitiya ventured down as an individual from the governing body of Slack.
In 2020, Palihapitiya helped take Virgin Galactic public
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