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Driving the revival are some familiar names. Goldman SachsGS $717.48 (-0.44%) is reportedly returning to the SPAC business after a three-year pause, only with a more selective approach. Chamath Palihapitiya, once dubbed the “SPAC King,” said last week he’ll “probably” launch another, as he concedes his last run “wasn’t a success by any means.” Meanwhile, regulatory tailwinds may be helping, with new SEC Chair Paul Atkins signaling a potential rollback of the stricter rules imposed under his predecessor.
620 sats \ 1 reply \ @satgoob 21 Aug
If it’s got bitcoin on the balance sheet, I’m dumping my life savings in
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Now that is something I can support 😆
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