Serial blank-check dealmaker Chamath Palihapitiya has doubled down on SPACs and has now participated in at least half a dozen deals that his own blank-check vehicles aren’t even involved in, Bloomberg reports.
Palihapitiya, the former Facebook executive and venture capitalist, yesterday invested in two companies going public via a SPAC — smart lockmaker Latch and solar lender Sunlight Financial — through the equity raised to support the deals. That’s on top of the six blank-check vehicles he’s helped raise. Read more.
