The SPAC King is doing just fine even as the bubble starts to burst
How he cracked the code to blank check companies. Chamath Palihapitiya — tech billionaire, Golden State Warriors co-owner, and all-around meme lord — has a sure-thing, 100%, can’t-miss investment for you that will definitely, absolutely pay off for him. Zeke Faux reflects on how the billionaire found unlimited success in the world of special acquisition companies, but often at the cost of his loyal social media following.
From Bloomberg Businessweek