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Samson Soturian
Wall Street Millennial
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Comments by "Samson Soturian" (@samsonsoturian6013) on "Canoo, The Latest EV SPAC Facing Bankruptcy" video.
Very ponzi
12
Subscription is associated with the free-money seeking behavior of some firms. Namely software rented on Subscription that isn't being actively supported/updated
11
With a lot of start ups most employees have job titles including the word "executive"
5
It's a way to hide leverage. I.E. Car manufacturing is high barrier to entry and capital intensive while car design just needs engineers and a basic lab
3
Did you get your money back?
1
Not necessary. The mechanics of a SPAC can be arbitraged in a way that destroys them.
1
Very ponzi
1