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Billan lewis and bill mann are taking a second look at what happened when more than 200, forty billion dollars flowed into blank check companies over a two year period. Out of nearly 200 companies that used a smack to go public last year, just 11 % trade above their offering price. Some of the most talked about companies, including nicola and virgin galactic, are down about 90% from their all time hies.

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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