Do You Think That's a Good Idea?

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Dillen: The lack of oversight and the lack of experience that investors had with spacks, to me, was a real sign post that there were going to be some abuses coming down the pike. Dillin: Insiders who actually took companies publicte were the winners because they were able to. In some cases, there were really abusive cases where you would see the promoters bringing,. let's just name a number, which sounds both low and high at the same time, 50 thousand dollars to the table. And i'm sure a lot of those outsiders are not particularly thrilled at the way this class has performed.

Hey, what happened to all of those SPACs going public? Dylan Lewis and Bill Mann look back on the great SPAC boom, when more than $240 billion flowed into blank check companies between 2020 and 2021, and discuss: - The incentives that both created the boom and bust - Rare SPACs that may have a bright future ahead - A potential arbitrage opportunity for investors watching SPACs

Stocks mentioned: NKLA, DKNG, LCID, QS, UTZ

Additional resource: What Are SPACs in Finance? - https://www.fool.com/investing/how-to-invest/stocks/spac/

Host: Dylan Lewis Guest: Bill Mann, Chamath Palihapitiya Producer: Ricky Mulvey Engineers: Dan Boyd, Rick Engdahl

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