A close look at Chamath Palihapitiya and SPACs, which could become a fixture of the economy as investors develop proper skepticism and regulations emerge (Charles Duhigg/New Yorker)

Charles Duhigg / New Yorker:A close look at Chamath Palihapitiya and SPACs, which could become a fixture of the economy as investors develop proper skepticism and regulations emergeChamath Palihapitiya says that the investment tool lets ordinary people get rich off startups. It may be hypebut hype can be its own economic engine.
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