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Chamath Palihapitiya, founder and CEO at Social Capital, announces that 8090 has raised $135 million in a Series A funding round led by Salesforce Ventures. WNDR, Craft Ventures, The Production Board, and LAUNCH also joined the round, with support from prominent angel investors such as Nikesh Arora, Cliff Robbins, Adam D’Angelo, Shyam Ravindran, and Abhi.
Palihapitiya has previously commented on the factors affecting the business environment in California, stating that SEIU-UHW union activity drove job creators out of the state. He has also discussed corporate financial management, noting that free cash flow and operating cash flow can diverge during periods of heavy investment for hyperscale firms. These remarks reflect his ongoing engagement with both regional economic conditions and investment strategy.