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“Rich Douchebags” Shouldn’t Get Tech’s Wealth (Chamath Palihapitiya, Investor, Social Capital)

Vjeran Pavic for Re/code

Social Capital founder Chamath Palihapitiya talks with Kara Swisher about working on Winamp, AOL Instant Messenger and Facebook before becoming an investor. In today’s Silicon Valley, he says, old investment firms are dying and the next hundred-billion-dollar companies will be more diverse and open-minded.

This article originally appeared on Recode.net.