C. C. Chamot said that his spacks considered over a hundred companies to take public, but we're not able to finalize any deals. In july, it was reported that bill ackman also was winding down his pack and returning four billion dollars to investors. The dead line to find a merger for these two spack chamothst was october 20 22, after a two year deal. There were 500 spacks at one point. I don't know what the high water mark is, but they're a websides that look at this. Sending up a spack cost five, ten million bucks. If you and i wanted to set one up, i
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
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