LCA - Chamath Palihapitiya The Sultan Of SPACs Fails; Perils And Profits; And A Guide

• If Mr. Palihapitiya, the king of SPACs, can pick a lame candidate for reverse merger, what does that say for the less capably out there?
• There is just a huge flood of funds out there, you have too many dollars chasing just a few good deals. That means high prices for dumb ideas.
• Also prepare yourselves for scams when there is so much money out there. It's just too juicy a target.
• Rule number ONE be a contrarian. If a bunch of target companies get announced for a reverse merger and they all crowd into one space like EVs, look somewhere else. For the other rules, read on.
• At the end, I list three SPACs and their merger candidates that I like and am in. I don't give any details. I want you to investigate as I describe in the article.

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