Spring 2018
Akash Pulluru
THE IMPACT OF TAX REFORM ON THE PE INDUSTRY

On December 19th, a Republican-controlled Congress narrowly passed a tax reform bill. This bill represents the most significant tax overhaul since 1986 and has profound implications for the private equity industry. Although this administration is often chastised for being overly friendly to private equity barons, the reality of this bill is far more complicated.

Social Capital

SOCIAL CAPITAL CHANGES THE VC LANDSCAPE

A trailblazer in the Venture Capital space, CEO Chamath Palihapitiya of Social Capital is changing the way tech venture capitalists support innovation. His first big move came in September of this year when he created Social Capital Hedosophia Holdings, a massive blank check company. The process for tech companies valued at more than $1 billion (the so called “unicorns” of the world) to go public is extremely long and painful. Companies must work with investment banks to conduct an investor road show, incurring significant fees along the way. Social Capital Hedosophia can offer much faster liquidity for investors and employees, trimming the process of “going public” to roughly 60 to 90 days.