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Chamath Palihapitiya's SPAC Track Record Means Double-Digit Losses For You. Here Are The Details On All His Deals

Benzinga Real-time News ·  Aug 19, 2022 00:05

Chamath Palihapitiyawas one of the biggest names in the SPAC market in 2021 and when times were good for new companies going public, Palihapitiya had some of the best-performing deals of that year.

The year 2022 has not been as kind to Palihapitiya with re-valuations on many of the companies that went public by investors seeing shares below the former $10 price point of the SPACs.

Here's an updated look at the performance of the SPAC deals, remaining SPACs and PIPE deals that included Palihapitiya, with returns calculated on the $10 offering price and not factoring in warrants.

The Palihapitiya...

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