Chapter
The Overrated Trend of SPACs
1:43:57 - 1:46:26 (02:29)
The speaker thinks that Special Purpose Acquisition Companies (SPACs) are overrated and merely a bandwagon. They explain that instead of having a sponsor get 20%, they are now getting 0%.
Clips
The sponsor of a SPAC is typically getting 20% but with the latest trend, they're only getting around 0%.
1:43:57 - 1:45:53 (01:56)
SPACs
Summary
The sponsor of a SPAC is typically getting 20% but with the latest trend, they're only getting around 0%. As a result, SPACs may not be a great investment option for those who are not the promoter.
ChapterThe Overrated Trend of SPACs
EpisodeThe 2021 Milly Awards
PodcastMy First Million
A discussion about a podcast episode called "How to Take Over the World," with praise for its intro music and the talent of the host Andrew, but with predictable predictions on the topic.
1:45:53 - 1:46:26 (00:33)
Podcast
Summary
A discussion about a podcast episode called "How to Take Over the World," with praise for its intro music and the talent of the host Andrew, but with predictable predictions on the topic.