Facebook Roundup: Palihapitiya Starts Fund, Safety, OnLive, PunchTab and More

Long-Time Facebook Exec Palihapitiya Leaving to Start Fund — He wasn’t just heading out the door for some frozen yogurt, he’s also starting a new fund called The Social+Capital Partnership. It will raise up to $400 million, and focus not just on investing in tech startups, but also health care, financial services and education, as TechCrunch reports. Palihapitiya joined Facebook in 2007, leading the platform in its early days as well as various monetization efforts, and has moved up within the company over the years — his current title is Vice President of Growth, Mobile and International, where he oversees growth initiatives, including mobile.