That Was The Week

Snowflake, Sumo and SPACs


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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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That Was The WeekBy Keith Teare

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