Chapter
The Rise of SPACs and Chamath's SPAC Performance
The SPAC trend has seen an exponential increase in the past decade, with Chamath being a major contributor. However, Chamath's SPACs have taken a hit, with an average of 30% down year to date. Additionally, the speaker mentions the success of Apple's gaming platform.
Clips
Over 60 games made over a million dollars and six games made over $10 million on the VR platform, leading to its rapid growth.
1:41:21 - 1:42:32 (01:11)
Summary
Over 60 games made over a million dollars and six games made over $10 million on the VR platform, leading to its rapid growth. Despite skepticism from some, the growing popularity of VR suggests that it is not a passing trend.
ChapterThe Rise of SPACs and Chamath's SPAC Performance
EpisodeThe 2021 Milly Awards
PodcastMy First Million
SPACs had a total of $40-45 billion in the last 10 years before the current trend.
1:42:32 - 1:43:57 (01:24)
Summary
SPACs had a total of $40-45 billion in the last 10 years before the current trend. Chamath, who started the trend, has an average of a 30% down year-to-date performance.