Palihapitiya: Left Facebook after Zuckerberg resisted capital for Facebook phone project
Chamath Palihapitiya · Chamath Palihapitiya – The Social Capital Flywheel (Capital Allocators, EP.167) · Dec 7, 2020 · at 8:30
Chamath Palihapitiya, founder of Social Capital and former senior Facebook executive, describes his departure from Facebook in 2011.
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“I was working on a project to build a Facebook phone, kind of like a competitor to Android and iOS, but instead of really just building the product, I had kind of wrapped that whole project up in my own ego, and when I got pushback from Zuck, About the capital necessary to really do it on the scale that I wanted, I left.”
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