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To make matters even worse, there are ongoing reports that Palihapitiya himself has been largely MIA. Since his divorce in February, he has been avoiding the office and missing important investor meetings. Social Capital employees claim that it takes days if not weeks just to get an email reply from Palihapitiya.

But perhaps Palihapitiya is simply diligently restructuring Social Capital or, in his words, returning it to its “founding principles” of problem identification, data analysis, and strategic VC. Although it now relies on internal capital only, the company continues to source new investment opportunities, backing key companies with funding that ranges from $50 million to $250 million. David Sacks - founder of Craft Ventures has shown his support for Palihapitiya via Twitter:

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