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ARK's Head of Research on How They Find the Next Huge Winner
Odd Lots
Are Spacks a Good Idea?
There is a degree of nervousness, at least i have right now, that when people raise spacks, like they are heavily incentivized to figure out something to buy with them. On the other hand, if you think about what has happened with late stage venture, which is where a lot of these companies would otherwise have been funded,. there seems like there's a lot of misbehaviour going on in the space. And usually our bias is too, when there's a lots of capital going after something, to be wary of it.
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