Eric Ver Ploeg

archive.ph/cJTNf Some are disappointed that Michael Lewis didn't attempt to pass moral judgement on SBF in his book. Unlike the one-sided drivel we get from most authors, Lewis presents SBF as the impressive AND flawed human that he is. I am grateful for the ringside seat.

I just got back from a fantastic fundraising trip to Dubai. Most eye-opening to me is how well the country is governed. The lack of crime, efficient medical care, ease by which foreigners can become legal residents, and lack of red tape entrepreneurs face…lnkd.in/gVHzv-Ma

@boazweinstein @premiamgmt @justinaknope @ritholtz @ErikSchatzker I believe in the logic behind the Universa model, but cherry picking/non-standard metrics/general opacity in their performance reporting sure isn't doing them any favors.

@premiamgmt @justinaknope @ritholtz Yes, but I’d never talk like that because our 10,000% return is a silly construct. Whereas Spitznagel writes about his 3600% and touts in on @ErikSchatzker shamelessly.

A short 🧵and some fun GIFs at the end… Bravo to @justinaknope for cracking the explanation for Universa’s… dare I say fake returns. I had discussed this on @ritholtz MIB podcast but now we have confirmation: According to its January letter, an investor with 98% in the S&P 500 and 2% in Universa would have seen their money grow an average 11.8% annually in the firm’s 15-year history, compared with 9.6% for the index alone.  That is “mathematically equivalent to what a 2% allocation to an annuity paying 114% per year would have added,” Spitznagel wrote in the letter seen by Bloomberg News.

Kudos to Gunderson Dettmer for this very clear guide covering SVB action items/expectations for SVB clients. I'm sorry to see a good bank like SVB go... lnkd.in/g-6fZBAZ

Congratulations to @MYNAMEISG_ and the entire Moolec Science team for the Nasdaq listing. The bell ringing ceremony was an amazing experience! lnkd.in/gRKBsHBY

Despite the world becoming more virtual, the data shows the advantage San Francisco Bay Area startups have vs the rest of the US actually increased through the pandemic. lnkd.in/dij_e9GH lnkd.in/dRgHPmXN

The Pandemic forced work-from-anywhere reality on all of us. I wondered if it would affect the fraction of startups started in the San Francisco bay area. The data shows the fraction of startups formed in the San Francisco bay area…lnkd.in/ghCTekKW lnkd.in/gnqJiuv4

@ahpah and I will be discussing #venturecapital-specific issues on stage at the #SPAC Conference in New York next week. Should be entertaining! lnkd.in/gX5vGGf8

Honored to author SPAC Research's first ever guest post. New non-redemption tontines are an important step toward actual price discovery in SPAC transactions. lnkd.in/dgbQQK4R

The private Unicorn backlog is growing at an accelerating rate, despite the increase in number of SPACs and the fact that some SPACs cannot find a merger candidate. How many SPACs is enough? lnkd.in/gsuuQnEe

Redemption rate in the SPAC closing process is highly correlated with subsequent share price performance of the newly public company. everploeg.medium.com/impact-of-spac…

Redemption rate in the SPAC closing process is highly correlated with subsequent share price performance of the newly public company. lnkd.in/gPZXEpSy

#Technology #SPAC redemption rates are driven by market sentiment, company valuation, and shareholder rotation. lnkd.in/gT6Yr65M

Median time to close a #SPAC transaction has climbed from about 3 months to over 5 months in the last handful of quarters. everploeg.medium.com/spac-process-t…

Median time to close a #SPAC transaction has climbed from about 3 months to over 5 months in the last handful of quarters. lnkd.in/gfzFPUrZ

So many SPACs. How to find the shortlist that fit your company.

SPAC Redemption Rates improving as SPAC deal quality improves. everploeg.medium.com/spac-quality-i…

Yellen is right and totally missing the point at the same time. Yes, Bitcoin is an inefficient medium of exchange. But, Bitcoin is a store of value, not a medium of exchange. Separating those two functions is a technological advancement. cnb.cx/3pKABtU

There is a rapidly growing backlog of high value venture backed companies that need to find liquidity. #SPACs add an attractive alternative path. everploeg.medium.com/spacs-are-a-mu…