Someone on Wall Street ought to erect a statue to Henry Villard.
Villard made the discovery that if you don’t tell investors how you’re going to spend their money, they get more eager, not less.
Seeking to raise several millions of dollars in capital to take over a company but unwilling to reveal his target for fear of driving its price beyond his reach, Villard sent out a prospectus for a “blind pool,” stating that he would reveal “the exact nature” of his plans 90 days hence.
Perhaps fueling the hype are.press reports that focus on a few successful, high-visibility SPACs.
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In past decades, race and ethnicity could more easily be boiled down to Black and white.
Things were never that simple, of course, but people could accept the easily understood simplification without thinking about the evolution of American society.
Americaâs changing demographics â and changes in the ways the U.S. Census allows individuals to choose to describe their race and ethnicity â paint a more subtle and diverse mosaic. For the past 20 years, the census has allowed people to self-identify as being of more than one race.
The nationâs white majority isnât disappearing. Instead, more and more Americans who consider themselves white, and many who consider themselves Black, are checking the box âtwo or more races,â as allowed by the census.
In past decades, race and ethnicity could more easily be boiled down to black and white.
Things were never that simple, of course, but people could accept the easily understood simplification without thinking about the evolution in who makes up the fabric of American society.
Americaâs changing demographics â and changes in the ways the Census allows individuals to choose to describe their race and ethnicity â paint a more subtle and diverse mosaic. For the past 20 years, the Census has allowed people to self-identify as being of more than one race.
The nationâs white majority isnât disappearing. Instead, more and more Americans who consider themselves white, and many who consider themselves black, are checking the box âtwo or more races,â as allowed by the Census.