Billionaire investor Chamath Palihapitiya sparred with an X user over an investment loss — then offered to fund his daughters' college
UNIQUE NICOLE/AFP via Getty Images
- A spat on X ended with Chamath Palihapitiya offering to help add to his critic's kids' college fund.
- Palihapitiya said the two had spoken privately after arguing on X.
- The user said he was "extremely grateful for the very generous contribution" Palihapitiya made.
After sparring with an X user over an investment loss, billionaire investor Chamath Palihapitiya offered to fund the user's daughters' college accounts.
In an X post on Thursday evening, Palihapitiya wrote: "This guy clapped at me. I clapped back. We then spoke."
"I also think he was very mature in how he internalized our conversation. Onwards!" he said, adding that he "funded his two daughters' college accounts."
The back-and-forth began after an X user 0xParabolic_ criticized Palihapitiya over a losing investment.
In an X post responding to the attention the exchange received, the user wrote: "a lot of people saw my replies to @chamath so I want to make something clear."
"I'm fully aware any losses I incurred are on me," he said.
After Palihapitiya saw his criticism, the two spoke privately, according to the user.
The conversation made him "stop and think," the X user said, adding that "most usually don't get that kind of opportunity, and I appreciated him taking the time."
"At the end of the day, investing carries risk, lessons are learned, and as they say, there's no crying in the casino," 0xParabolic_ wrote.
He added that he was "extremely grateful for the very generous contribution" Palihapitiya made to his daughter's college funds.
At press time, the X user's posts criticizing Palihapitiya were no longer visible on the platform.
Palihapitiya is active on social media, frequently weighing in on markets, technology, and venture investing.
The billionaire investor rose to prominence as an early Facebook executive before launching Silicon Valley VC firm Social Capital, which has backed a number of startups and later became known for its role in the SPAC boom of the early 2020s.
His investments have drawn both praise and criticism over the years, particularly during the SPAC frenzy, when several companies he helped take public later saw their shares slump.