Social Capital news and trends

Cooperman Supports COVID-19 Stimulus Bailouts
Coronavirus // April 13, 2020

Wall Street legend Leon Cooperman, who helped Goldman Sachs grow and later founded a successful hedge fund, said Congress must do whatever it takes to shield businesses from the impact of COVID-19. “If the government lets all these companies go bankrupt and they do disgorge...

Virgin Galactic To Become First Listed Human Spaceflight Company
Retail // July 09, 2019

As part of a deal with a publicly traded shell, Richard Branson’s Virgin Galactic space tourism venture would become the first listed company for human spaceflight. Special-purpose acquisition company (SPAC) Social Capital Hedosophia Holdings Corp. reportedly intends to invest approximately $800 million for a stake...

Veterans Face New SMB Financing Challenges
SMBs // November 09, 2018

It stands as one of the most famous economic programs in U.S. history, and it helped created modern middle-class consumer culture — the same culture that many observers now worry is on its way out. Enacted in 1944, the Servicemen’s Readjustment Act — you likely know...

Quick Reads
Cooperman Supports COVID-19 Stimulus Bailouts

April 13, 2020
Wall Street legend Leon Cooperman, who helped Goldman Sachs grow and later founded a successful hedge fund, said Congress must do whatever it takes to shield businesses from the impact of COVID-19. “If the government lets all these companies go bankrupt and they do disgorge labor, the government is going to have to basically pay […]

Virgin Galactic To Become First Listed Human Spaceflight Company

July 09, 2019
As part of a deal with a publicly traded shell, Richard Branson’s Virgin Galactic space tourism venture would become the first listed company for human spaceflight. Special-purpose acquisition company (SPAC)...