10 "It Must End Badly" - Munger Says Market Resembles Dot Com Bubble, Calls SPACs "Shit" (www.zerohedge.com) posted 50 days ago by TrumpWinz 50 days ago by TrumpWinz +10 / -0 4 comments share 4 comments share save hide report block hide child comments Comments (4) sorted by: top new old worst You're viewing a single comment thread. View all comments, or full comment thread. ▲ 3 ▼ – TrumpWinz [S] 3 points 50 days ago +3 / -0 they are using this instrument in place of IPO's for fund raising because the reality is nobody really believes this market and they know that an IPO raise would do jack shit these days when they can just raise money through a SPAC. permalink save report block reply ▲ 2 ▼ – frothy 2 points 50 days ago +2 / -0 Thanks for the info! permalink parent save report block reply
they are using this instrument in place of IPO's for fund raising because the reality is nobody really believes this market and they know that an IPO raise would do jack shit these days when they can just raise money through a SPAC.
Thanks for the info!