7 Bad Things That Can Happen Investing in SPVs – Churning and Burning
We’re living in exciting times right now. SpaceX is about to IPO on Friday and there’s a lot of chatter. I’d say about half the chatter is about the company being overvalued at 100x revenue, 25% of it is about having unlimited $10T type of upside, and the other 25% of the chatter is about…