Comment by WheelsAtLarge
4 hours ago
You all renember SPACs,Special Purpose Acquisition Companies. And all the "experts" who needed the money because they had some great investment that could not be financed any other way. That wave hit its peek less than 5 years ago. Yup, that was a great way to invest. I suspect it happens at every cycle.
Not sure why you're downvoted. Chamath Palihapitiya was a tome of SPAC heyday.