Feb 12th, 2021

In Defense of SPACs: Chamath Palihapitiya Makes a Case

Special-purpose acquisition companies have plenty of critics. Here, Social Capital founder Chamath Palihapitiya, Wall Street’s king of SPACs, explains why he thinks they’re here to stay and what he’s doing to level the playing field for all investors. He spoke exclusively with Erik Schatzker on Bloomberg’s “Front Row.” (Source: Bloomberg)