Are Chamath Palihapitiya's SPACs IPOD and IPOF Worth Buying Now?
Out of the six SPACs Chamath Palihapitiya has launched so far, there are two that have yet to identify their acquisition targets. Social Capital Hedosophia Holdings IV (NYSE: IPOD) and Social Capital Hedosophia Holdings VI (NYSE: IPOF) are blank-check companies with roughly $400 million and $1 billion, respectively, to invest in taking target companies public, and both stocks have fallen considerably in recent weeks.
In this Fool Live video clip, recorded on March 15, Fool.com contributors Matt Frankel, CFP, Brian Withers, and Dan Caplinger discuss whether these two blank-check companies might be worth a look now.
Source Fool.com
