Secondary Markets, Outlook for Facebook IPO

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Sept. 27 (Bloomberg) -- Chamath Palihapitiya, a former executive at Facebook Inc., talks about secondary markets, investment opportunities and the outlook for Facebook and its potential initial public offering. After a four-year career at Facebook, where he worked on mobile products and expanded the company internationally, Palihapitiya left this year to form Social+Capital Partnership. The Palo Alto, California-based fund is raising about $300 million, with an eye to investing in Internet technology, health care, education and financial services. (Source: Bloomberg)


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