How The ‘SPAC King’ Forever Changed The IPO

Chamath Palihapitiya is a Silicon Valley staple. He’s a tech billionaire, he owns the Golden State Warriors pro-basketball team, and he has a devoted online following. He’s also behind some of the biggest IPOs of the past year thanks to something called a SPAC. And while he didn’t invent SPACs, he’s used them to forever change how companies go public.

To read more about Chamath’s rise, check out Zeke Faux’s full feature profile in Bloomberg Businessweek: https://www.bloomberg.com/news/features/2021-05-13/spac-king-chamath-palihapitiya-hopes-his-hype-will-keep-mesmerizing-you

#SPACs #Storylines #BloombergQuicktake

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