I Think It's a Challenge to Get Non-Traditional Investors to Understand the SPAC Craze

Michael: It's challenging to tamp down some of the expectations of speed most of these companies are very hardware and today you can't compare that to a SaaS based company this looks a lot more like the venture world pre-internet. Because of that SaaS model expectation of returns and multiples you have to get non-traditional space investors to understand this is not like what you're normally investing in, he says. Michael: I think this market correction is also flowing all the way down the capital tree down to the private side and people were realizing some of those multiples were a little unrealistic so yeah I definitely agree it's a challenge but as an investor my job is to be