I know one such person, sold his full stake before the SPAC for the nominall SPAC price minus some, negligible, discount. Shortly after SPAC, it tanked. Since t

I know one such person, sold his full stake before the SPAC for the nominall SPAC price minus some, negligible, discount. Shortly after SPAC, it tanked. Since the they are positioning themselves as an Angel investor and early start-up expert. Might well be true, they have the money to be an Angel and argueably stayed with their company until SPAC. What I never understood was, why for the love of god, he choose to stay with the SPAC company...