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0 points12700180803y ago0 comments

All SPACs, and some traditional IPOs, are a last ditch effort of dumping worthless equity onto naive retail investors.

0 comments

The fact that some recover and become "real companies" doesn't detract from this. Beware the IPO and the SPAC.

j / k navigate · click thread line to collapse

The fact that some recover and become "real companies" doesn't detract from this. Beware the IPO and the SPAC.

j / k navigate · click thread line to collapse