CLOV - IPOD: A Once-In-A-Generation Opportunity To Own Equity In An Unfavorable Investment Structure
- IPOD is the 4th SPAC promotion of high-profile investment guru Chamath Palihapitiya.
- Why stop a formula which works? The blank check bonanza has raised North of $80B in 2021 eclipsing funds raised last year.
- Ominously highlighting signs of market overextension, the SPAC boom has showcased easy access to capital.
- And with money so readily available, even the names of these blank check companies are losing originality.
- Deal of the century to undefined life-long riches? Possibly for the promoter.
For further details see:
IPOD: A Once-In-A-Generation Opportunity To Own Equity In An Unfavorable Investment Structure