What is a SPAC
This week on the podcast we discuss Special Purpose Acquisition Companies or SPACs otherwise known as Blank Check Companies. They are all the rage in 2020 raising over 80 billion dollars in 2020 and are beating that number for 2021. We discuss the advantages and disadvantages as well as the pitfalls of viewing some of these high-flying assets like dogecoin as investments. In the end, Derek has a late Christmas surprise for Nate. If you enjoy like and subscribe to get updates for new episodes as well as clips each week!
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