"This SPAC shows the increasing desperation of VCs to get out of their overvalued investments in any way they can"
https://www.cnbc.com/2017/08/24/high-profile-failures-snap-and-blue-apron-masking-a-great-year-for-ipos.html …
Replying to @bryce
VCs: The IPO market has a "price discovery issue" so we don't want to IPO. IPO guy: nah, you guys just have ridiculous valuations.
2:29 PM - 25 Aug 2017
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