
MI156: Masterclass on SPACs w/ David Sherman
The Intrinsic Value Podcast - The Investor’s Podcast Network
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High Redeeming Rates Are a Function of Bad Deals
High redemptions are a function of bad deals. If it's a good deal, nobody redeems because the value of transaction exceeds the trust account. Gore's brothers have traditionally done good deals. God's potato chips is an example of a private company that has been hugely successful as a spack. But there ar plenty of reasonable companies where they trade above the trust value and people want to own em.
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