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Chamath Palihapitiya restructures Social Capital amid reports of management exodus

Chamath Palihapitiya, managing partner and founder of The Social+Capital Partnership, speaks during a Bloomberg West Television interview in San Francisco, California, U.S., on Tuesday, May 21, 2014. After a four-year career at Facebook Inc., where Palihapitiya worked on mobile products and expanded the company internationally, he left to form Social+Capital. Photographer: David Paul Morris/Bloomberg via Getty Images