Social Capital has invented nothing new here: http://www.investopedia.com/terms/s/spac.asp http://www.investopedia.com/terms/s/spac.asp ^ SPACs have been a thi

Social Capital has invented nothing new here: http://www.investopedia.com/terms/s/spac.asp http://www.investopedia.com/terms/s/spac.asp ^ SPACs have been a thing for a long time. Chamath is trying to hype something that he has no experience doing as the new new thing. https://www.recode.net/2016/2/9/11587720/social-capitals-chamath-palihapitiya-confirms-bidding-in-upcoming https://www.recode.net/2016/2/9/11587720/social-capitals-cha...