7 ms·
That’s insane lol. Is there a clip of that? Can you provide more context?
by bag_boy 2y ago
That’s insane lol. Is there a clip of that? Can you provide more context?
- jarsin 2y agoI don't have a clip but it was in the height of the spac pump and dump craze taking place on reddit during the pandemic. The scam was buy up a bunch of warrants then release info that you had knowledge of an upcoming deal. This particular scammer got lucky on one of his spacs when it actually made a deal and from that he made quite the following. Chamath used this guy to pump his spacs because if the spac was pumping before there was even a deal it was easier for him to make the deal. I think all of Chamaths spacs are penny stocks now with multiple reverse splits to stay above $1. Edit: Except for SOFI the one good deal he made.