Diff Cap @diff_cap
PE generalist United States Joined April 2021-
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Diff Cap retweeted
This is probably the most interesting datapoint in the whole article. I broke down the cost of selling on Amazon.com vs. Walmart.com vs. eBay.com vs. our own website.
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“The median SPAC’s dilution amounts to a staggering 50.4% of cash delivered in a merger. This means that a SPAC with median dilution that delivers $1,000 in cash from selling 100 shares would have the equivalent of roughly 150 shares outstanding” corpgov.law.harvard.edu/2020/11/19/a-s…
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