Clover health is a health insurance company. Chamath is an idiot, he was thrown away from facebook and since then he has only one agenda.
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— chamath palihapitiya (@chamath) september 15, 2020 shares of social capital hedosophia ii, which trade under the ticker symbol ipob, were up around 14% in.
Chamath clover health one pager. There's a lot at stake for chamath palihapitiya and other investors. There are risks associated with vgac as with every stock and spac. Chamath palihapitiya to take clover health public in another spac deal worth $3.7 billion published tue, oct 6 2020 7:46 am edt updated tue, oct 6 2020 11:32 am edt yun li @yunli626
The deal is valued at $3.7 billion, $400 million of which will come from a private investment by chamath palihapitiya. Since clover health's inception, it has been among the. It popped from $12.90 to $13.90 on the rumor, and is now in the low $13s.
That surge helped lead to a. First, the initial reaction to this was muted. I’ve written a very long post over on medium digging into various aspects of the investor presentation and transaction which you can check out so i won’t.
Although it remains a private company with undisclosed financials, reports are that the company has seen orders jump as much as 500% percent. Beyond the spacs for virgin galactic, opendoor, and clover health, he’s raised $400 million, $700 million, $1 billion for three additional spacs. Yet this time, chamath, with his 7 per cent stake in $1.9bn clover health according to refinitiv data, seems to be directly on the receiving end of the evil shorties.
Iii will worth clover wellness at $3.7 billion in the offer, which incorporates up to $1.2 billion in money proceeds. “we should give all the credit to chamath for being the first one who saw it and he jumped in and took advantage of it, and the other amazing thing about chamath is he has figured out how to. Palihapitiya is known for putting out one pagers when he is announcing a spac merger for one of his own spacs like opendoor technologies inc.
Palihapitiya is known for putting out one pagers when he is announcing a spac merger for one of his own spacs like opendoor technologies inc. It offers clover health medicare advantage plans. 16, 2020, bill mann, director of small cap research with the motley fool, talks with palihapitiya about why he thinks clover health (nasdaq:clov) is.
Social capital hedosophia holdings corp. Clover, the medicare advantage insurance startup with ~57,000 members, announced it is going public via a spac at a $3.7 billion valuation (a valuation of roughly $65k per life covered). In this motley fool live video recorded on nov.
All healthcare enterprise financial services frontier education consumer. In this interview, wall street’s. The sec is following up on hindenburg's critical report on the health insurer.
Chamath palihapitiya has big ambitions for social capital. It's possible that 23andme simply doesn't generate a lot of investor attention as a target. Social capital ceo chamath palihapitiya, who is known to invest through special purpose acquisition companies, plans to take clover public through a merger that would value clover at $3.7 billion.
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