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Chamath Defends His SPAC Record Following CLOV Short Squeeze SPACs were down on Monday in a quiet news day. With the CLOV short squeeze going, Chamath is back to promoting his SPACs and FinTwit is less than welcoming. Author: Apr 20, 2021 It was a quiet news day for SPACs on Monday with the CompoSecure / DBDR deal a disappointing +0.2% up on the announcement. The mania of Merger Mondays is gone and only good deals will get rewarded. Investors may not have liked CompoSecure s aggressive growth forecasts or they may be a little scared off from crypto with Bitcoin s (modest) crash back down to the mid $50k range. Regardless, they didn t bite.

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