HQLA

020 | Truth Social | WeWork SPAC | POLY | 3 Hottest Unicorns


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Trump Media & Technology Group recently announced their SPAC merger (Special Purpose Acquisition Company) with DWAC (Digital World Acquisition Corp). This will be the launch of Donald Trump's own Truth Social, a social media platform that will rival the liberal media consortium and fight back against big tech. The tech stack is built on an open-source version of Twitter called Masterdon.

WeWork have completed their own SPAC, which was at a vastly different valuation to their initial IPO attempt in 2019. This time, going for a market cap of $9B as opposed to a target of $47B. The key differences are: they aren't positioning themselves as a tech company, and they've removed their largest deadweight: Adam Neumann.

Is Pinterest (PINS) being acquired by Paypal (PYPL)? This could be a major play in terms of creating a new tech giant, combining a globally recognisable payments system with the perfect media distribution front-end for online shopping.

Polymath (POLY / POLYX) combines web3.0 verifiability technology with financial securities. Providing a self-service toolkit, allowing organizations to issue digital tokens representing assets such as property, debt, and equity (stocks). There’s no lack of action along the way with a pro Hockey player in the C-suite, a founder arrested on assault charges, and Charles Hoskinson (ETH Co-Founder) working on their newest project.

The THREE HOTTEST UNICORNS

Divvy Homes, allow tenants' ordinary rent payments to contribute towards owning their first home. And the best part is, they don't need a huge deposit.

Lemon.io is a startup that started as "Uber for developers", but have recently switched to a model where you can hire Eastern European developers who are pre-vetted by Lemon, giving Startups access to cheap coding labor.

Finally, Nostromo makes roof-mounted ice bricks, and aim to make the best use of solar panels, without needing lithium-ion batteries to store energy. The ice bricks are used to provide cold water to commercial air-conditioning systems.

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