I agree. When I first started hearing about them a few months ago (oddly enough because I was listening to one of Jason Calacanis’s shows with Chamath) they so

I agree. When I first started hearing about them a few months ago (oddly enough because I was listening to one of Jason Calacanis’s shows with Chamath) they sounded off. Had also just recently rewatched The Big Short. Back in 2006-ish an old boss at the time was doing some hinky shit with penny stocks. First time I had ever heard about them back then. After doing some research to learn about SPACs, the whole concept is incredibly scammy. It’s all just a weird mutated combo of penny stocks and the crap being pulled in 2007. I know, that’s not an exact true definition. I’m trying to make a generalization.