2 ms·
Inherent is a bit loaded of a term. Going public via a SPAC isn’t inherently bad. But it allows companies to go public without normal disclosures allowing inves
by mikeryan 4y ago
Inherent is a bit loaded of a term. Going public via a SPAC isn’t inherently bad. But it allows companies to go public without normal disclosures allowing investors the ability to do “normal” diligence.
That seems, inherently, to be a loophole that can be easily exploited (See Nikola). So, there’s that.