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All SPACs, and some traditional IPOs, are a last ditch effort of dumping worthless equity onto naive retail investors.
by 1270018080 4y ago
All SPACs, and some traditional IPOs, are a last ditch effort of dumping worthless equity onto naive retail investors.
- bombcar 4y agoThe fact that some recover and become "real companies" doesn't detract from this. Beware the IPO and the SPAC.