IPOB - Chamath Palihapitiya Strikes While The Iron Is Hot With Social Capital IV V And VI

September, 27 2020 11:04 PM Social Capital Hedosophia Holdings Corp. II Class A

Fresh off of well-received merger announcement with Opendoor, Social Capital's Chamath Palihapitiya has announced 3 new SPACs.
The size of these three offerings combined with Palihapitiya's successful track record in the space bodes well for interested investors.
Marketing is becoming increasingly important in a crowded space and the sponsor is one of the best in the game in this regard.
Palihapitiya invests $100 million into each of his SPACs, indicating alignment with shareholder interests.
Treasury-like downside when buying at or near $10 level with potential for IPO-like upside.

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Company Name:	Social Capital Hedosophia Holdings Corp. II Class A
Stock Symbol:	IPOB
Market:	NYSE