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A comment on Yubico is merging with ACQ Bure and intends to go public. Parent comment

Re:Yubico is merging with ACQ Bure and intends to go public by rekttrader on Wednesday April 19, 2023 @04:09AM (#35625643)
It’s a more transparent and less predatory than venture capital.
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Re:Yubico is merging with ACQ Bure and intends to go public by pavlov on Wednesday April 19, 2023 @04:19AM (#35625704)
Is it? VCs don’t raise money from “mom and pop and Reddit” retail investors, but SPACs have enabled insiders to sell stock at $10 that often ends up being worth less than $1 or even bankrupt just a year or two later. These often included a social media pump like the SPACs promoted by “SPAC king” Chamath Palihapitiya.

However the companies that go public via SPAC are mostly VC-funded, so in that sense you’re right that they’re also profiting from the SPAC con by being able to dump their holdings in these companies that were not actually ready to go public.

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Re:Yubico is merging with ACQ Bure and intends to go public by MaxPengwing on Wednesday April 19, 2023 @04:34AM (#35625820)
Not this SPAC, https://www.avanza.se/aktier/om-aktien.html/1206860/acq-bure... It's mostly owned by Swedish Pension funds.
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Re:Yubico is merging with ACQ Bure and intends to go public by sam_lowry_ on Wednesday April 19, 2023 @05:05AM (#35625994)
Yubico is originally Swedish, this makes sense.
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