ISSUE – Jun. 18 | Another Social Capital Partner Departs Venture Capital Firm

Another partner is leaving Social Capital, marking the latest in a series of defections from the young venture firm known for its early bets on Yammer Inc. and Slack Technologies Inc.

Arjun Sethi will depart the company in a year’s time, said Social Capital spokeswoman Ashley Mayer. Sethi will retain his board seats for that period with companies including Carta, Relativity Space, Cover and CryptoMove while he raises his own fund. Sethi, who joined in 2016, was not immediately available for comment. [ Bloomberg ]

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