3min chapter

This Week in Startups cover image

Slack CEO departs Salesforce, Circle cancels SPAC, SBF's links with media & regulators | E1628

This Week in Startups

CHAPTER

Is This a Double Bubble?

circle announced its spax merger back in july 2021 Which was 16 months ago, so it's already taken a minute obviously that was peak bubble if not. Now they have just called off the whole thing kind of at a moment when both like as you just said double bubble right double bubble pot Yeah,. I mean there's no market for spax right now right the public A lot of the spax action Was speculative new market entrance what they call retail Uh, so think robinhood traders who weren't trading stocks previously crypto traders So this would have been a darling in 2021 or even 2020 2020 because you had crypto plus you had, uh, you know a really great existing founder This would

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