23andMe to merge with VG Acquisition Corp. to become publicly-traded company
mediacenter.23andme.com
23andMe to merge with VG Acquisition Corp. to become publicly-traded company
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Re: 23andMe to merge with VG Acquisition Corp. to become publicly-traded company
#2Is there a way to predict which SPACs will merge with which startups?
It seems like if you had knowledge of this and you could predict a highly profitable business merging with a SPAC, you could get in at the ground floor for incredible and almost immediate share price growth.
I wouldn't invest in 23andMe, but I would invest in Stripe. Which SPAC will it merge with?
Re: 23andMe to merge with VG Acquisition Corp. to become publicly-traded company
#3Is there a way to predict which SPACs will merge with which startups? It seems like if you had knowledge of this and you could predict a highly profitable business merging with a SPAC, you could get in at the ground floor for incredible and almost immediate share price growth. I wouldn't invest in 23andMe, but I would invest in Stripe. Which SPAC will it merge with?
I've seen it correctly predicted a few times in investing subreddits.
Re: 23andMe to merge with VG Acquisition Corp. to become publicly-traded company
#4Is there a way to predict which SPACs will merge with which startups? It seems like if you had knowledge of this and you could predict a highly profitable business merging with a SPAC, you could get in at the ground floor for incredible and almost immediate share price growth. I wouldn't invest in 23andMe, but I would invest in Stripe. Which SPAC will it merge with?
No way Stripe will go public via SPAC.
Re: 23andMe to merge with VG Acquisition Corp. to become publicly-traded company
#5Is there a way to predict which SPACs will merge with which startups? It seems like if you had knowledge of this and you could predict a highly profitable business merging with a SPAC, you could get in at the ground floor for incredible and almost immediate share price growth. I wouldn't invest in 23andMe, but I would invest in Stripe. Which SPAC will it merge with?
> you could get in at the ground floor for incredible and almost immediate share price growth
Hence why you can't predict it. If you could, everyone else could, and there would be no appreciation of the shares when the news is released.
Only way to know in advance is good old insider information.
Re: 23andMe to merge with VG Acquisition Corp. to become publicly-traded company
#6Is there a way to predict which SPACs will merge with which startups? It seems like if you had knowledge of this and you could predict a highly profitable business merging with a SPAC, you could get in at the ground floor for incredible and almost immediate share price growth. I wouldn't invest in 23andMe, but I would invest in Stripe. Which SPAC will it merge with?
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Re: 23andMe to merge with VG Acquisition Corp. to become publicly-traded company
#7Is there a way to predict which SPACs will merge with which startups? It seems like if you had knowledge of this and you could predict a highly profitable business merging with a SPAC, you could get in at the ground floor for incredible and almost immediate share price growth. I wouldn't invest in 23andMe, but I would invest in Stripe. Which SPAC will it merge with?
> you could get in at the ground floor for incredible and almost immediate share price growth Hence why you can't predict it. If you could, everyone else could, and there would be no appreciation of the shares when the news is released. Only way to know in advance is good old insider information.
It's a new trend.
I didn't have "insider information" to make $300k on Gamestop. The evidence was in the open.
Right now I'm thinking that you might be able to connect the dots between SPAC owners / founders, their investment prospectus, and similar business they've dealt with.
I wonder if anyone's already done this research and found correlations.
Re: 23andMe to merge with VG Acquisition Corp. to become publicly-traded company
#8You can look at the SEC filings for the SPAC as it will provide indication but it will be thematic at best.
Re: 23andMe to merge with VG Acquisition Corp. to become publicly-traded company
#9This company is just one big ethical dilemma packaged Silicon Valley style to look hip.
Re: 23andMe to merge with VG Acquisition Corp. to become publicly-traded company
#10Why would a company go through a SPAC instead of an IPO?
Does the SPAC merger constitute a hedge against uncertainty in an IPO? What I mean is, 23andMe gets cash NOW and the SPAC gets the company at a discount but accepts the risk the IPO might not meet its goals?
Could someone please explain the strategy?