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E97: SPAC updates, public/private market overview, Putin's end game & more
All-In with Chamath, Jason, Sacks & Friedberg
The Risk Reward Isn't Good
The CEO of a Silicon Valley startup says it's hard to convince private companies to go public. The company sold stock at $10, and now investors can get back the money they paid in SPACs. He said he decided not to do more deals because "this is a super volatile, ugly point in the market" A big issue was that valuations were up in the air for late-stage tech startups.
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