Jay-Z was part of the largest cannabis SPAC. What’s a SPAC?

SPAC

We had Michael Auerbach, founder of Subversive Capital and proxy The Parent Company, Jay-Z’s latest business venture on the show. Buzzwords like SPACs, blockchain, and equity are thrown around like dollars in a strip club but, what are SPACs (Special Purpose Acquisition Company), and how do they represent societal inequity? In our conversation, I learned SPACS are a limited open … Read More