You find a high quality manager, he says, i want to be involved, and he brings how much cash in his back whatever, isin the trust. And so now it's not like an i po ihe trust. The people that are investors in the spack have to like the deal. So you have the capital was raised in the spack at once, plus the capital that comes from the pipe. And together they form the full deal that gets announced. It's sort of like skimming the cream of door number one. You get to say, i want fidality, i want goman, i want this bank. That's yet another benefit....

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode