We continue our series by looking at Chamath Palihapitiya's involvement with SPACs, its closest equivalent for the retail investor, IPOs and whether that is a worthy investment strategy.

Recorded Date: Sunday, August 22, 2021

Time Stamps

• 00:00:25: News of the Week
• 00:16:16: Chamath Palihapitiya
• 00:32:17: Portfolio Check

Highlights

• Michael doesn't trust the TSA
• Social Media companies inconsistent policies regarding Afghanistan situation
• Chinese government is getting closer to its companies
• FTC continues to go after Facebook
• Chamath is now recently associated with SPACs
• Charles Schwab needs to allow its customers to raise money for SPACs
• Johnny's paper money is invested in some recently IPO'd companies

Links

• The Untold History of Facebook’s Most Controversial Growth Tool
• CNBC Explains - What is a SPAC?
• The Taliban have taken control of Afghanistan again. How did we get here?
• Chinese government acquires stake in domestic unit of TikTok owner ByteDance in another sign of tech crackdown
• FTC says Facebook has been a monopoly ‘since at least 2011’ in amended antitrust complaint
• FTC files renewed antitrust complaint against Facebook

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