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Joined 1 year ago
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Cake day: June 13th, 2023

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  • I think they should hurry the fuck up (with robots and “AI” workers). Do it, cowards. Nuke the job market. Mass unemployment. (UBI to the rescue? GOP insanity will never allow it.) Kick off the revolution. The hunt for their bunkers, maybe something a bit different from guillotines this time.

    Wait… we’ll just get a bunch of fake populist cults and militias, won’t we. Or something much dumber.



  • I don’t really understand this, either. Other than these new SPACs being the cutting edge of fraud or some kind of white-collar crime. Here’s some interesting info (and comparison with Reddit IPO).

    SPACs were supposed to be a quick and easy way for a company like Trump Media & Technology Group to go public, but it hasn’t worked out that way.

    Instead, they’ve developed a reputation as a kind of back-door IPO for companies that probably couldn’t withstand the scrutiny involved with a conventional listing.

    Many of the highest-profile SPACs, including Nikola, Virgin Galactic, and BuzzFeed, are now unloved penny stocks.