Re:23andMe to merge with VG Acquisition Corp. to become publ...
by lotsofpulp on Friday February 05, 2021 @10:26AM
(#26037321)
If you’re investing in an SPAC, you should know this already. Everything is transparent, so I don’t see what the loophole is, or who or how anyone is getting bamboozled?
Company wants to go public with higher guarantee of price, they go with SPAC. Investor wants higher return, they invest in SPAC, but there is no higher return without higher risk.
Company wants to go public with higher guarantee of price, they go with SPAC. Investor wants higher return, they invest in SPAC, but there is no higher return without higher risk.