Grifters' Gambit: The Heist of the SPAC Boom
The overhyped SPAC boom was a calculated heist by a bunch of grifters.
"I think that SPACs are very much here to stay. Using the language of inequality, it evens the playing field. It democratizes access to high growth companies. How? Because it allows retail and it allows long-tail institutional investors. Folks that might not have necessarily been tier one hedge funds, now they can also play."
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