Published on 29 Dec 2023 on Insider Monkey via Yahoo Finance

Chamath Palihapitiya Stocks: 12 Stocks Pumped in the Last 10 Years

In this article, we discuss Chamath Palihapitiya and the 12 stocks he pumped in the last 10 years. If you want to read about some more Chamath Palihapitiya stocks, go directly to Chamath Palihapitiya Stocks: 5 Stocks Pumped in the Last 10 Years.

Chamath Palihapitiya is an investing genius, even though some of his opinions and investments in the technology space have invited a lot of controversy on Wall Street. Palihapitiya, the chief of Social Capital, a venture capital firm, has made solid calls on prominent startups over the years that later went on to become a part of big companies like Amazon.com, Inc. (NASDAQ:AMZN), Box, Inc. (NYSE:BOX), and Apple Inc. (NASDAQ:AAPL). The venture capital firm led by Palihapitiya was converted into a family office in 2018. 

Palihapitiya was one of the first venture capitalists who understood the direction in which big tech was heading, even as far back as 2016. At the Sohu Investment Conference, he famously predicted that Amazon.com, Inc. (NASDAQ:AMZN) would reach $3 trillion in valuation within the next ten years. In late 2018, the ecommerce giant crossed $1 trillion in valuation for the first time after a stellar earnings report. It has continued to climb since then. As of the end of 2023, Amazon.com, Inc. (NASDAQ:AMZN) has a market capitalization of $1.5 trillion.