Tech

An in depth have a look at Chamath Palihapitiya and SPACs, which may grow to be a fixture of the financial system as traders develop correct skepticism and laws emerge (Charles Duhigg/New Yorker)




Charles Duhigg / New Yorker:

An in depth have a look at Chamath Palihapitiya and SPACs, which may grow to be a fixture of the financial system as traders develop correct skepticism and laws emerge  —  Chamath Palihapitiya says that the funding instrument lets peculiar folks get wealthy off startups.  It could be hype—however hype could be its personal financial engine.





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