The CEO of Social Capital and The CEO of SoFi discuss their merger as well as Social Media role in Politics , aslo what went down at the capitol building yesterday. Very interesting conversation from these 2 brilliant investors.
SoFi, A Leading Next-Generation Financial Services Platform, to Become Publicly-traded via Merger with Social Capital Hedosophia.
social funds,social investment,social fund,underdeveloped,social equity,circulation,labour,collectivism,working,A company merger occurs when two businesses with similar synergies decide that being one company together will yield more profits than being two separate entities. During a merger, the companies involved are likely to undergo quite a bit of restructuring in terms of corporate leadership and operations.Social Finance, Inc. (commonly known as SoFi) is an American online personal finance company. A mobile-first service based in San Francisco, SoFi provides a suite of financial products that includes student loan refinancing, mortgages, personal loans, credit card, investing and banking through both their mobile app and desktop interfaces.A stock-for-stock merger occurs when shares of one company are traded for another during an acquisition. When, and if, the transaction is approved, shareholders can trade the shares of the target company for shares in the acquiring firm's company.2021 WILL BE THE YEAR OF MERGERS AND ACQUISITIONS,Few firms reach the very top without conducting at least a few M&A transactions. And the fact that the most successful firms in the world employ teams of professionals whose only role is to seek out attractive potential acquisitions tells its own story. Implemented well, an active mergers and acquisitions strategy can be a highly fruitful process for any company.Anthony Noto is an American businessman, the CEO of SoFi, and the former COO of Twitter. Previously, he was a managing director at Goldman Sachs, CFO of the National Football League, COO of Twitter, and head of Twitter Ventures.Chamath Palihapitiya is a Sri Lankan-born Canadian-American venture capitalist, engineer and the founder and CEO of Social Capital. Palihapitiya was an early senior executive at Facebook, joining the company in 2007 and leaving in 2011. He is a minority stakeholder and board member of the Golden State Warriors
US Capitol secured, 4 dead after rioters stormed the halls of Congress to block Biden's win