Troy Steckenrider
2 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Aug 31, 2020 by Troy Steckenrider · across every show →
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Aug 31, 2020 negative
Steckenrider: Traditional SPAC founder shares misalign incentives during down markets
“You get the founder shares regardless of whether the deal does well, and so there's a world where the company post-DSPAC could trade down. Investors have lost money, the company has lost money, And yet the SPAC management team would still walk away having done…”