The anemic and often $0 value return investors in SPACs receive while management and deal promotors get paid huge fees.
Hey man, how did you do in that SPAC deal you were so horny about last week?
Well, the company ended up going bankrupt and my shares are worthless, but at least the management team and advisors got paid fees for arranging the deal, so I guess that's great. All in all, a spac-tacular investment!
Well, the company ended up going bankrupt and my shares are worthless, but at least the management team and advisors got paid fees for arranging the deal, so I guess that's great. All in all, a spac-tacular investment!
by johnnysins1976 December 9, 2025
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