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“In any just world, Chamath Palihapitiya would be ashamed of himself. “
Eric Newcomer reviews the track record of the SPAC king of SIlicon Valley. (Read our explainer on SPACs here.) Newcomer reviews Palihapitiya’s involvement in the craze and concludes:
You swapped your reputation for SPAC sponsor fees. You should have done some diligence on what you were getting yourself into. How were you underwriting the damage to your reputation?
The Scam in the Arena
[www.newcomer.co]
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