Chapter
Super League Revolt and SOFI's Updated Documents
1:14:36 - 1:19:57 (05:21)
The attempted formation of a Super League in European soccer led to a fan backlash and the project's demise within 24 hours. Meanwhile, SOFI filed updated documents and an updated S4, following refined guidance on accounting for certain liabilities.
Clips
The SEC has clarified its guidance towards the classification of warrants as liability for accounting purposes, which affects the majority of Special Purpose Acquisition Companies (SPACs).
1:14:36 - 1:17:38 (03:02)
Summary
The SEC has clarified its guidance towards the classification of warrants as liability for accounting purposes, which affects the majority of Special Purpose Acquisition Companies (SPACs). To address this issue, the idea of implementing high-quality SPAC sponsors has been proposed as a solution, and a potential strategy that can be implemented is to give more promote to sponsors contributing more money.
ChapterSuper League Revolt and SOFI's Updated Documents
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PodcastAll-In with Chamath, Jason, Sacks & Friedberg
This episode discusses the attempted creation of the super league by top European soccer teams, and how it caused uproar amongst fans, leading to its failure just 24 hours later.
1:17:38 - 1:19:57 (02:19)
Summary
This episode discusses the attempted creation of the super league by top European soccer teams, and how it caused uproar amongst fans, leading to its failure just 24 hours later. The episode also touches on early days of Angel List and how some investors were unable to invest despite being called 'angels.'