Venture capital is headed for a ‘huge, rude awakening' (Chamath Palihapitiya, CEO, Social Capital)

Social Capital CEO Chamath Palihapitiya talks with Recode's Kara Swisher about the future of capitalism and investing, which he says will look less and less like traditional venture capital, as firms like his embed themselves at a deep operational level in their companies. Palihapitiya also discusses why investors delude themselves into believing their own bravado, what he thinks of James Damore's Google memo and why Silicon Valley needs to deal with more than just the "low-hanging fruit" of sexual harassment. He evaluates the biggest tech companies of today — including Twitter, Amazon and Facebook — and predicts that the new CEO of Uber will have one of the most important jobs in the country.