[pavlov]

I think the lesson in the past couple of years of SPACs is that all the companies that sounded obviously important and useful turned out to be massively overvalued and built on sandcastles of hopes and dreams. Lynk does sound like one of those.

And what those few companies that were actually successful — the “gambling, erection medicine, gay hookups” of my previous post — have in common is that they operate businesses that might have some trouble raising money through the gatekeepers of a traditional IPO.

(Logical conclusion: if I ever invest in a SPAC, it’s got to be a drug-dealing furry porn site for crypto traders at minimum.)