The Rise and Fall of SPACs and the SPAC King?The Pied Piper of SPACs Chamath Palihapitiya says that the investment tool lets ordinary people get rich off startups. It may be hype—but hype can be its own economic engine. - The New Yorker (June 7, 2021) What is a SPAC? The SPAC, or special purpose acquisition corporation, is…
