SPACs Unpacked
Andrew highlights the complexities and misalignments in the SPAC process, emphasizing that many retail investors may not grasp the financial arbitrage at play. He explains how sponsors can secure a significant percentage of the company upfront, regardless of performance, and discusses the evolving dynamics as sellers become aware of the oversupply of SPACs in the market.In this clip
From this podcast
The Prof G Pod with Scott Galloway
SPACs, Stocks, and Being Indispensable ft. Andrew Ross Sorkin
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