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Social Capital

ran the self-serve investing algorithm

8 transcript mentions
Mentions over time
8 total · by year · from the transcripts
’19’201’21’221’23’242’25’264
8
mentions
2
receipts
0
numbers
2
episodes
By type
2
  • Story1 · 50%
  • Fact1 · 50%
By speaker
2
  • Shaan2 · 100%
By topic
3
  • Investing2 · 67%
  • SaaS / Software1 · 33%

In the moments

2 linked receipts
Story

Chamath's 'Capital as a Service': Open Your Blouse and Feed the Machine

Shaan explains Chamath's Social Capital pitch — a self-serve algorithm that benchmarked your SaaS metrics and decided whether to invest. The catch: founders piped in all their data, feeding Chamath's system whether he invested or not. Shaan judges it 'more marketing than substance.'

He goes, let's make capital as a service instead of software as a service, capital as a service. So here's how it goes. It's self-serve. You come and you plug in your analytics. Our little algorithm will run a formula and it'll basically tell you two things. It'll say, here's how you rank relative to other SaaS companies that are your size, your age, in your kind of like price point or your demographic. And then, so you'll know if you're above the benchmark, if your retention is way better or way worse than other companies. And then secondly, they were like, this is our moneyball formula to basically figure out if we should invest in you or not.
EP 175 · 22:15 · SHAAN
Read at 22:15
mfmindex.com№ 0175-1335
Fact

Chamath used a SPAC to fast-track Virgin Galactic public

Shaan explains how Chamath's Social Capital used a SPAC—a special purpose vehicle for taking companies public—to acquire a stake in Virgin Galactic, giving it a fast track to public liquidity without an independent listing.

one of the things he does now is he has this thing called a SPAC, which is his special purpose vehicle for taking companies public. So you're a company, you don't want to go public, he's already public, and he just acquires a stake, you know, a stake in your company, I believe, is how the mechanics work. So they just did this with Virgin Galactic, and so it's like a fast track to being public
EP 46 · 9:32 · SHAAN
Read at 9:32
mfmindex.com№ 0046-572