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     4 years ago  

    Good to have you back writing content again. I'll definitely be keeping an eye out for your posts from here.

    I've always been more of a fan of reading written content so I'm digging the format of your last two.

    See you around :)

    Simply buying every single SPAC he releases and then selling at the time of the merger announcement has worked out really well in 2020 as a strategy.

    Crazy to think how much money he would be making...

    Still, the hate for guys like Chamath always makes me laugh a little. Tall poppy syndrome at its finest.

    You can think about it as being fucked that the system is geared toward making the top end of town even more money, or you can think of it as a playbook of how you can get there.

    Naa cbf, I'll just watch another 5 eps on Netflix.

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     4 years ago  

    At the very least retail is getting access to more companies and more growth potential if you know what you are doing

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       4 years ago  

      I think Chamath is a great salesman, he knows narrative trumps fundamentals and his playing the game I just think the whole SAAS with its 70% margins shouldn't even require a SPAC, if margins are that big it would IPO eventually, and bringing it forward a few years can overcapitalise and even kill a company which a SPAC manager doesn't really give a shit about all they want is their 2% Fee from managing the fund.

      Not really my cup of tea reallt

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       4 years ago (edited) 
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         4 years ago  

        I personally think its worse than an IPO since the company you purchase doesn't have to go through all the financial regulations and exposing their books and projections like an IPO would, many of these SPACs are zombie companies and will never get to a viable PE ratio

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           4 years ago  

          I’ve stopped believing in advertised “good opportunity” a while back.
          Good stuff are usually hidden and/or not promoted. When it is, it’s already too late.

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           4 years ago  

          Chamath is making money hand over fist on the 2% management fee of these SPAcs he spins up! Never invest in something where compensation is not tied to performance

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           4 years ago  

          I know Chamath talk about Bitcoin a lot. Can't wait to see him talking about his other Crypto investments.

          No one has been able to figure out what company he is talking about.

          I have very little knowledge about this. Hope you'll find some clue

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