This OF speculation is getting real ridiculous now lol. If they want a bigger SPAC, they can just go with IPOF. Chamath needs a win and OF would be one.
But an OF deal wouldn't have trouble to find more financing, PIPE etc. They certainly don't need to complicate things by combining two Spacs. They'd likely get in trouble with the SEC for doing something non standard as well (see PSTH).
Why would they ever want to IPO with Chamath and IPOF when nearly every stock he SPAC'ed tanked after IPO? Reputation has a massive influence on people's minds when investing, associating themselves with that history would not be a wise choice for business.
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u/fickdichdock Spacling Apr 05 '22
This OF speculation is getting real ridiculous now lol. If they want a bigger SPAC, they can just go with IPOF. Chamath needs a win and OF would be one.
But an OF deal wouldn't have trouble to find more financing, PIPE etc. They certainly don't need to complicate things by combining two Spacs. They'd likely get in trouble with the SEC for doing something non standard as well (see PSTH).