When SPAC-man Chamath Palihapitiya speaks, Reddit and Wall Street listen
SummaryBuy! Sell! Tweet! An icon of the amateur trading masses and an evangelist for SPACs, Chamath Palihapitiya is commanding the financial moment with a blend of deal-making prowess, social-media savvy and moxie.
It was Jan. 4, and Chamath Palihapitiya was ready to tease another deal. “Shooters Shoot," he tweeted to his followers, along with a GIF of Alec Baldwin berating weary salesmen to “Always Be Closing." The retweets and likes for the “Glengarry Glen Ross" reference came fast and furious. “We’re ready," one follower replied.