Matt Levine, Columnist

Unicorn SPACs and Cargo Quants

Also Venezuela, Uber, stock splits, deficits and cryptocurrency funds.

August 24, 2017 at 9:33 AM EDT

Matt Levine is a Bloomberg Opinion columnist. A former investment banker at Goldman Sachs, he was a mergers and acquisitions lawyer at Wachtell, Lipton, Rosen & Katz; a clerk for the U.S. Court of Appeals for the 3rd Circuit; and an editor of Dealbreaker.

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Unicorn SPAC.

Social Capital Hedosophia Holdings Corp. is an entertainingly named (pleasure-wisdom?) blank-check special purpose acquisition company that wants to acquire an unspecified unicorn to spare it the pain and embarrassment of a traditional initial public offering:

Before it’s here, it’s on the Bloomberg Terminal

LEARN MORE