Mark russell is on trial for allegedly lying to investors about the status of nicola's trucks and technology. Prosecutors allege he manipulated the stock, caused it to go up and became a millionaire. Russell claims that before coming on as president of nikola in 20 19, he hand milton agreed that russell would become so of nicolad became a public company,. yadiata. According to t walse, general russell saidte anything he said in public was the equivalent of a press release or securities filing. And you don't ever want to bea manipulating or bending the truth, manipulating investors, bending the truth. We all are grown ups here investing in
Tuesday SPAC-tacular! J+M cover the biggest on-goings in the world of SPACs, including: the latest in the trial of former Nikola CEO Trevor Milton (1:55), Chamath winding down $IPOD and $IPOF and returning money to investors (30:53), and a breakdown of Rumble's business after completing its SPAC! (42:55)
(0:00) J+M tee up today's SPAC-tacular episode!
(1:55) More chaos at Nikola, Jason reacts to TWiST interview reportedly being used in court
(10:48) Vanta - Get $1000 off your SOC 2 at https://vanta.com/twist
(12:04) State of charges against former Nikola CEO Trevor Milton, lessons for founders to take away from this saga
(23:18) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://Squarespace.com/TWIST
(24:37) How Jason avoids founders pitching ahead of their skis
(30:53) Chamath to wind down $IPOD and $IPOF
(35:06) Revelo - Get 20% off the first 3 months by mentioning TWIST at https://revelo.io/twist
(36:33) Jason's thoughts on the market and the state of SPACs, plus a JAY TRADE!
(42:55) Rumble completes SPAC merger, J+M break down the business
FOLLOW Jason: https://linktr.ee/calacanis
FOLLOW Molly: https://twitter.com/mollywood
Subscribe to our YouTube to watch all full episodes: https://www.youtube.com/channel/UCkkhmBWfS7pILYIk0izkc3A?sub_confirmation=1