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Snowflake, Sumo and SPACs
That Was The Week #37
This week Chamath Palihapitiya announced that he has 3 more SPACs set up and ready to go. These SPACs are vehicles to enable a company to go public, and get cash, without an IPO. Instead of gifting cash to the friends of Morgan Stanley this method gifts cash to Chamath and his friends.
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Send in a voice message: https://podcasters.spotify.com/pod/show/thatwastheweek/message
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By Keith Teare
5
33 ratings
That Was The Week #37
This week Chamath Palihapitiya announced that he has 3 more SPACs set up and ready to go. These SPACs are vehicles to enable a company to go public, and get cash, without an IPO. Instead of gifting cash to the friends of Morgan Stanley this method gifts cash to Chamath and his friends.
---
Send in a voice message: https://podcasters.spotify.com/pod/show/thatwastheweek/message
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