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Source: TedX YouTube

Mamoon Hamid is leaving venture capital firm Social Capital, which he co-founded, in order to join rival Kleiner Perkins Caufield & Byers, Axios has learned. He will focus on early-stage tech investments, with a focus on enterprise software. An official announcement is expected later today.

Why it matters: This is part of yet another shake-up for Kleiner Perkins, one of Silicon Valley's most celebrated venture capital firms, as it tries to find its next generation of leaders. And it nearly happened years earlier, when Kleiner Perkins almost acqui-hired the Social Capital partners.

Resume: Hamid has invested in, and served as a board director for, such companies as Slack, Yammer, Box and Netskope. Prior to helping launch Social Capital in 2011, Hamid spent six years with U.S. Venture Partners.

Go deeper

Mike Allen, author of AM
17 mins ago - Technology

Axios interview: Facebook to try for more transparency

Nick Clegg last year. Photo: Matthew Sobocinski/USA Today via Reuters

Nick Clegg, Facebook's vice president of global affairs, tells me the company will try to provide more data to outside researchers to scrutinize the health of activity on Facebook and Instagram, following The Wall Street Journal's brutal look at internal documents.

Driving the news: Clegg didn't say that in his public response to the series. So I called him to push for what Facebook will actually do differently given the new dangers raised by The Journal.

The Exvangelicals

Illustration: Aïda Amer/Axios

Even as evangelicals maintain their position as the most popular religion in the U.S., a movement of self-described "exvangelicals" is breaking away, using social media to engage tens of thousands of former faithful.

The big picture: Donald Trump's presidency, as well as movements around LGBTQ rights, #MeToo and Black Lives Matter, drew more Americans into evangelical churches while also pushing some existing members away.

Updated 7 hours ago - Science

Huge wildfire reaches edge of Sequoia National Park

A plume of smoke and flames rise into the air as the fire burns towards Moro Rock during the KNP Complex fire in the Sequoia National Park near Three Rivers, California, on Saturday. Photo: Patrick T. Fallon/AFP via Getty Images

Firefighters in Sequoia National Park were working into the night after two wildfires merged to reach the Giant Forest Saturday.

Why it matters: This forest contains over 2,000 giant sequoias, including the General Sherman Tree — the world's largest tree by volume. Park officials wrapped the redwoods in foil last week as the Paradise and Colony Fires, now known as the KNP Complex Fire, neared. Protection efforts appeared to be working overnight.