SPAC

also referred to as: spacs

4 statements across 3 episodes · 0 bullish · 3 bearish · 1 people on the record · first statement Sep 1, 2021 by Shaan Puri · across every show →

Everything said about SPAC, oldest first

Sep 1, 2021 neutral

Assertion Supported

Puri: Chamath trademarked 26 SPAC entities from A to Z

“He did SPAC A. Then he trademarked SPAC B, SPAC C, SPAC D, all the way through SPAC Z, trademarked 26 of these.”

Shaan Puri Sep 1, 2021 ▶ 1:01:23 What Venture Capital Will Look Like in the Future | My First Million #215

Sep 1, 2021 negative

Opinion

Puri: Weak startups are using SPACs to mask poor fundamentals

“And even startups who can't really raise well or don't, aren't strong enough to go public, they can go public via a SPAC, and then all of a sudden, hey, we got liquid. Great. So, so there's definitely a lot of, like, lipstick on the pig going on.”

Shaan Puri Sep 1, 2021 ▶ 1:07:32 What Venture Capital Will Look Like in the Future | My First Million #215

Dec 21, 2021 negative

Assertion Supported

Puri: Chamath profited from poorly performing SPACs while retail investors suffered

“Chamath in reality had a bunch of really shitty SPACs where he made a bunch of money. And people who invested in his SPACs on the whole, like just got ripped to shreds this year.”

Shaan Puri Dec 21, 2021 ▶ 7:29 This Year's Best Twitter Accounts to Follow

Nov 17, 2022 negative

Opinion

Puri slams Chamath for profiting on SPACs while LPs lost money

“Chamath made money off of a bunch of his shitty SPACs because he's the promoter, and these funds manage billions of dollars, and they'll make hundreds of millions in fees along the way as a reward even if they lose their investors' money.”

Shaan Puri Nov 17, 2022 ▶ 1:11:47 Ranking The Best And Worst Businesses To Start w/ Billionaire Investor Andrew Wilkinson (#386)

SPAC

Everything said about SPAC, oldest first

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