💥They're Real and They're (Not) SPACtacular. Part IV.💥

The SPAClash is Transitioning into a SPACrash.

Source: Getty Images. Image: Chamath Palihapitiya. What’s happening here? He’s likely touting the benefits of SPACs and duping some dopes out of their hard earned cash while he runs off with his sponsor economics SUCKERS.

It’s been a rough go lately for special-purpose acquisition companies (SPACs).

Last week, Forbes, “the wealth-obsessed business publi…