Chapter
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The Future of SPACs and Internet Companies Overview
The emergence of SPACs has created a new way for startups to go public, and we can expect to see more and more series C or later startups going public through this mechanism. However, betting on SPACs as a whole may not be the best investment strategy since they trade around ten dollars a share, which is effectively the amount of cash they have in the bank.
Clips
The guest suggests offering to upgrade the Wi-Fi for property owners to onboard new supply and make unviable supply viable with some investment.
24:44 - 25:33 (00:49)
Summary
The guest suggests offering to upgrade the Wi-Fi for property owners to onboard new supply and make unviable supply viable with some investment.
ChapterThe Future of SPACs and Internet Companies Overview
Episode#108 with Ben Gilbert and David Rosenthal - Brainstorming with the Acquired Podcast
PodcastMy First Million
The speaker suggests that successful Internet companies and niches can be combined to create a startup meme generator.
25:33 - 27:33 (01:59)
Summary
The speaker suggests that successful Internet companies and niches can be combined to create a startup meme generator. They also shared their experience of creating a website called "It's This for that" as a joke at a startup weekend in 2009.
ChapterThe Future of SPACs and Internet Companies Overview
Episode#108 with Ben Gilbert and David Rosenthal - Brainstorming with the Acquired Podcast
PodcastMy First Million
The value of SPACs go public and trade around $10 per share, reflecting the amount of cash they have in the bank.
27:33 - 29:50 (02:17)
Summary
The value of SPACs go public and trade around $10 per share, reflecting the amount of cash they have in the bank. In the next few years, we could see a lot of startups go public through SPACs, making it an attractive option for investors who want to hold a basket of startups that are expected to go public.