This company is a blank check firm focused on acquiring media and technology companies.
Prof Scott Galloway from the podcast Pivot keeps evangelising about better.com - which this SPAC is merging with. Does anyone know much about about?
If he felt āterribleā letting 900 staff go over a 3-minute zoom call, I imagine he feels worse now.
We can only hope he is showing the appropriate amount of respect and appreciation by not being paid during his ātime off.ā No doubt he will be well compensated.
Looks like the SPAC merger has been been delayed. One to put in my āwouldnāt touch with a barge poleā category me thinks.
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Sources told TechCrunch that a list containing the names of some people who would be let go in a layoff scheduled for Friday, August 26, was leaked internally on Tuesday, August 23.