Venture Capitalist May Bid in TV Incentive Auction
Investor Chamath Palihapitiya and his boutique venture capital firm Social Capital are looking at coming into the TV incentive auction in a big way, spending as much as $10 billion on 600 MHz spectrum, said a report in Re/code. The…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
new venture, Rama, would use software from one of Palihapitiya's companies, LotusFlare, to help manage and organize a new network, he reportedly said. Preston Padden, former Expanding Opportunities for Broadcasters Coalition executive director, had a brief response in an email: “WooHoo!” Palihapitiya didn't comment. He's an electrical engineer and partial owner of the NBA's Golden State Warriors.