The company raised at a 500 million dollar valuation. Peter till led the rond, so maybe they put 25 50 million dollars in,. He didn't want te founders fund to have their fingers on maga, conservative stuff. Rumble feels like it's 75 % feature parity with youtube, at least from the user inter face perspective. It loks mreatin close. The scale of youtube that's hard to copy.
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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