TechCrunch | Startup and Technology NewsChamath warns retail investors to avoid his new SPAC
Mind LudeWell, this is a headline. Chamath Palihapitiya, the "SPAC King," just launched a new $345M SPAC but is telling retail investors to *avoid* it.
Is this a strategic reverse psychology play, or a bold admission about market realities? What's your read on this unusual move?
#SPACs #Investing #TechNews #MarketWatch #Finance
Link: https://techcrunch.com/2025/10/01/chamath-warns-retail-investors-to-avoid-his-new-spac/
⚯ Michel de Cryptadamus ⚯new Trump crime family crypto SPAC is called "Renatus Tactical Acquisition Corp I" and is registered in the Cayman Islands because "America First".
(by "Trump crime family" I don't mean like, Trump's kids. the people involved here are Devin Nunes (CEO of Truth Social) and some guys from the original DWAC SPAC that gave us #DJT.
also a reminder that #TruthSocial had already announced it would be using its capital to "invest" in #cryptocurrency a few months ago.
#SPAC #SPACs #uspol #trump #corruption #crypto #blockchain #EricSwider #AlexanderCano #DevinNunes #DJT #TrumpCoin
acemaxx#investors should beware a revival of #Spacs – with traditional #IPOs have been far and few, so-called blank cheque companies have been seeking to fill the void, chart @FT https://www.ft.com/content/97607124-3e87-403c-b270-1da3e16c6928
Chris J. KarrLiquidated my Astra (#ASTR) position. Took a 99% loss on that one since the SPAC offering and the latest news is basically that of a clown car.
Haven't put much into it since the SPAC era, and the remaining horse that I'm riding is #RKLB since #VORB went out of business earlier this year.
Still bullish on the space sector and still believe will lead to some great returns in the future, but it's clear that there's a lot of churning in the years ahead.
Hacker NewsTruth Social reports $73M net loss since launch
https://www.reuters.com/technology/trumps-truth-social-reports-73-mln-net-loss-since-launch-2023-11-14/
#ycombinator #RULES_RESULTS #RULES_TRUMP #RULES_USA_ELECTION_CANDIDATES #MTPIX #BACT #BISV #BISV08 #BIZ #CCOS #CMPNY #CYCS #CYCS08 #FIN #FINS #FINS08 #HLDG #INVBIS #INVM #INVS08 #INVT08 #MDIA #MDIA08 #PUB #PUBL #PVE #PXP #RES #SHELLC #SPACS #TMT #AMERS #NAMER
https://www.reuters.com/technology/trumps-truth-social-reports-73-mln-net-loss-since-launch-2023-11-14/
#ycombinator #RULES_RESULTS #RULES_TRUMP #RULES_USA_ELECTION_CANDIDATES #MTPIX #BACT #BISV #BISV08 #BIZ #CCOS #CMPNY #CYCS #CYCS08 #FIN #FINS #FINS08 #HLDG #INVBIS #INVM #INVS08 #INVT08 #MDIA #MDIA08 #PUB #PUBL #PVE #PXP #RES #SHELLC #SPACS #TMT #AMERS #NAMER
Trump's Truth Social reports $73 mln net loss since launch
Former U.S. President Donald Trump's social media platform Truth Social has lost $73 million since its launch in early 2022, a securities filing by Digital World Acquisition Corp <a href="https://www.reuters.com/markets/companies/DWAC.O" target="_blank">(DWAC.O)</a>, the SPAC that plans to merge with the company, showed on Monday.
Ben WaberNext was an informative talk by Daniele D'Alvia on #SPACs and international financial regulation at the University of London. While SPAC fever has cooled a bit, D'Alvia and commentators Paul Davies and Ligia Catherine Arias-Barrera provide an informative overview of this fast-changing area of finance https://www.youtube.com/watch?v=h6zLh0zSNT8 (6/8) #finance #economics
Book launch - Mergers, Acquisitions and International Financial Regulation
jack the nonabrasivetl;dr: #SPACs only make the folks running the SPAC money, and not shareholders in the SPAC
SPAC Math No Longer Adds Up - Bloomberg https://www.bloomberg.com/opinion/articles/2023-01-09/spac-math-no-longer-adds-up
Cory Doctorow#1yrago #HSBC: "Who cares if Miami is underwater?" https://pluralistic.net/2022/05/24/moral-money/#nutjobs-warning-about-the-end-of-the-world
#1yrago #SPACs were hugely successful (for banks) https://pluralistic.net/2022/05/23/you-got-spacced/#the-house-always-wins
#1yrago #KimStanleyRobinson's "The High Sierra" https://pluralistic.net/2022/05/25/the-wild-places/#sierra-people
#1yrago Talking with Kim Stanley Robinson about "The High Sierra" https://pluralistic.net/2022/05/25/the-wild-places/#ksr
14/
Look like today's the day where I get to watch a stock (VORB) go to zero after Virgin Orbit's announcement that it's winding down.
