The Right Way to Do a SPAC, According to Orlando Bravo

The video discusses SPACs (Special Purpose Acquisition Companies) and their role in helping private companies go public. It covers the benefits of SPACs, such as allowing individual investors to participate and providing accountability through projections. The video also critiques SPACs, highlighting potential issues if hedge funds can profit from them. It suggests a fair SPAC structure should align interests between sponsors and investors, and discusses the use of warrants, arguing they may not be necessary.

What alignment of interests is necessary between SPAC sponsors and investors?

What are the potential drawbacks of including warrants in SPAC deals according to the text?