2 ms·
Why so defensive? People have a right to be skeptical about SPACs. They've only been "mainstream" for the past couple years and are quickly losing steam as a ve
by halfmatthalfcat 5y ago
Why so defensive? People have a right to be skeptical about SPACs. They've only been "mainstream" for the past couple years and are quickly losing steam as a vehicle for public exposure[1].
[1] https://www.bloomberg.com/opinion/articles/2021-03-08/spac-party-over-cciv-dive-and-chamath-palihapitiya-spce-sale-say-so https://www.bloomberg.com/opinion/articles/2021-03-08/spac-p...
- weird-eye-issue 5y agoYes there was an explosion in SPACs and that died down back to normal levels but even before that plenty of companies that are performing very well went public via a SPAC. Saying it's "never reputable" is just wrong. If somebody thinks all SPACs are pump and dumps they probably only learned about them recently through the media
- SevenSigs 5y agoWhy so offensive?
- oenetan 5y agohttps://archive.is/u2zG5 https://archive.is/u2zG5