2min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP354: Building Berkshire 2.0 w/ Chamath Palihapitiya

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The Future of SPACs

I think that there are too many SPAC sponsors, and we could do a lot more to provide signals on sponsor quality. It's from a very selfish desire that I have, which is that I think that that's a great way to buy large pieces of valuable companies. And it allows me to get on the cap tables of these businesses in a really unique way. Each of them will be able to give a company different quantum of capital.

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