SPACs and Incentives
The SEC is expected to act as a guardian for retail investors, ensuring that only credible companies can sell shares publicly. However, the structure of SPACs creates a conflict of interest, where operators and investment banks are incentivized to close deals quickly, regardless of the long-term viability of the companies involved. As a result, many investors find themselves left holding the bag when the initial excitement fades and reality sets in.In this clip
From this podcast
The Prof G Pod with Scott Galloway
The SPAC Market + EdTech, Apprenticeship, and Entrepreneurship — with Euan Blair
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