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SPACs Are Bonds, Actually | Louis Camhi
Forward Guidance
How SPACs Yielded
BlockWorks research is a research and data platform that analyzes governance, tokenomics and models of interesting crypto projects, including new protocols/nSPACs were yielding around 2-3% range when the speaker launched the fund in December 2021/nThe speaker talked about considering a 1% all in return in case things go wrong with SPACs/nHalf of a warrant is worth 50 cents, which gives a 6% all in return/nThe financing costs of the speaker's SPACs fund were super low at close to zero/nThe speaker targeted a 6% return and a worst-case scenario of 1% with a financing rate of 2%
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