Reinvent Technology Partners RPU
I came across Reinvent Technologies ( RPU ). This evening. It is a SPAC lead by Reid Hoffman and Mark Pincus targeting "technology business to innovate and achieve entrepreneurship at scale ". This leadership team and the SPAC have connections to a Greylock a private VC/Investment firm in Silicon Valley. This relationship is intriguing because if you view Greylock's website and check out firms that haven't gone public or been sold this leads to some potentially interesting targets including: Airbnb, Bountyjobs, Discord, NextDoor, Coinbase, and Wealthfront. Its entirely possible that none of these firms in Greylock's portfolio are the eventual target, but considering the management team I am excited!!
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ProfofPump - 3 years ago
Well this is exciting...
Joby Aviation the flying taxi company could be RTP's target instead of Hippo. Apparently talks are in the "late" stages
seekingalpha.com/news/3661568-...
Joby Aviation the flying taxi company could be RTP's target instead of Hippo. Apparently talks are in the "late" stages
seekingalpha.com/news/3661568-...
ProfofPump - 3 years ago
SPAC Central
Created By: | Maverick |
Created: | Jun 21, 2020 |
Total Followers: | 7 |
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SPACs ("Special Purpose Acquisition Companies") are blank check companies that have cash in them and are seeing a target to acquire. These can be fun because it's a 🕵️♀️ game of who they're going to acquire. It can be profitable if the target company ends up being something in a hot space.
Make sure to do your DD on management behind the SPAC, cash position, and target sector.
Make sure to do your DD on management behind the SPAC, cash position, and target sector.