Chamath Palihapitiya is the founder of The Social+Capital Partnership. He spent 5 years working at AOL, most recently being the General Manager of AIM and ICQ. Chamath also joined Facebook from The Mayfield Fund. Recently, Chamath was asked whether he wanted to participate in Airbnb’s latest round of funding, but he was concerned that the $112 million in funding was for founder cash-out and control. Below is the full letter from Chamath [AllThingsD]:

About 8 years ago, German programmer Martin Odersky developed a new language that would be able to compete against Java. The Scala language really took off when Twitter started using it to prevent their user base from crashing the network. Odersky’s Typesafe has raised $3 million in funding led by Greylock Partners. VMWare founder Diane Greene, and Facebook VP Chamath Palihapitiya also participated in this round. “We think the time’s right to assure enterprises that this is something stable and long-term,” stated Odersky.