https://bit.ly/3sYrO9L



points form the article:



- A Look Inside VC Firms Joining The SPAC Rush

- So far this year, more than 160 SPACs have raised over $48 billion in gross proceeds. In comparison, last year — also a record year for SPACs — 248 blank-check companies raised $83 billion

- Lerer Hippeau, Khosla Ventures and Advancit Capital all formed SPACs

- A VC firm will likely target its own portfolio companies to acquire, meaning they have a conflict of interest when it comes to allocating primary and secondary shares.

- the firm helps take their company public and typically gets about 20 percent of the SPAC value because it served as the SPAC management team.

- Khosla Ventures Acquisition Co.

- Derek Anthony West (Tony West), chief legal officer of Uber and brother-in-law of Vice President Kamala Harris

- Alex Kassan, former managing director at Anchorage Capital Group

- Some of Advancit’s notable portfolio companies include Headspace and Public.com.

- Martin Luther King III, human rights activist and son of Martin Luther King Jr.

- Kevin Mayer, former Disney exec and the brief CEO of TikTok

- Forest Road Acquisition Corp.

- Shaquille O’Neal, former NBA player