Chamath predicted that Kim Kardashian would be able to “stand up what will probably be like a multibillion dollar private equity fund,” referring to her new PE firm SKKY Partners.

What actually happened:

• SKKY Partners set an initial fundraising goal of around $1 billion for its debut consumer-focused fund, according to investor materials reported by Bloomberg/Fortune.(fortune.com) A $1 billion first fund would be the natural first step toward “multibillion” assets under management.
• By late 2024, securities filings and subsequent coverage indicated SKKY had raised far below that target:
  • Several reports cite regulatory filings showing only about $121 million raised versus the $1 billion goal.(the-sun.com)
  • Another report (summarizing a separate filing) says that as of late December the firm had raised around $45 million for its first fund.(theinformation.com) Even taking the higher $121 million figure, that is still barely a tenth of the target, and orders of magnitude below “multibillion.”
• Deal activity has been minimal: SKKY announced a minority stake in TRUFF in 2023 and later a minority stake in skincare brand 111Skin; reports describe these as only one or two deals to date.(caproasia.com) That deal pace is consistent with a small first-time fund, not a large, rapidly scaling PE platform.
• Critically, Kim Kardashian herself stepped down from the managing-partner/executive role at SKKY by late 2024, remaining only as a co‑founder and senior operating advisor, with filings and press noting that her celebrity did not translate into substantial fundraising and that the billion‑dollar target was missed by a wide margin.(axios.com)

As of November 30, 2025, there is no evidence that SKKY Partners has subsequently closed additional large funds or reached anything close to multibillion‑dollar AUM; the available filings and reporting instead show stalled fundraising, sub-$200 million scale, and Kardashian’s reduced operational role. Given that the prediction concerned the fund being able to probably reach multibillion scale and several years have now passed with the opposite outcome (fundraising shortfall and retrenchment), the most reasonable classification is that this prediction has turned out wrong so far, rather than merely “too early” or indeterminate.