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TEXXR

Chronicles

The story behind the story

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SoFi says it will go public via a merger with a SPAC backed by Chamath Palihapitiya at a valuation of $8.65B

CNBC Kate Rooney

Discussion

  • @reutersjf Joshua Franklin on x
    SCOOP: Online lending startup @SoFi is nearing a deal to go public through a merger with Social Capital Hedosophia Holdings Corp V, a #SPAC led by venture capital investor Chamath Palihapitiya $IPOE Story with @ASenjourno & @readkrystalhu https://www.reuters.com/... https://twitt…
  • @karaswisher Kara Swisher on x
    SPAC King @chamath strikes again! https://twitter.com/...
  • @conorneu Conor Neu on x
    Sofi going public via SPAC. Fascinating. https://www.cnbc.com/...
  • @readkrystalhu Krystal Hu on x
    Chamath Palihapitiya is taking another high-profile fintech unicorn public through SPACs, following the completion of the Opendoor deal. SoFi could be valued at over $6 billion in the deal, we're told. full story https://www.reuters.com/... $IPOE https://twitter.com/...
  • @lendacademy Peter Renton on x
    Big #fintech news today as we hear that @SoFi is going public via a SPAC that values the firm at $8.65 billion. @Kr00ney has the scoop here: https://www.cnbc.com/... via @CNBC
  • @jayjacobscfa Jay Jacobs on x
    2021 FinTech IPO pipeline looks as robust as ever, reflecting the growth of trading, crypto, and technology-led solutions in finance. -Affirm -Coinbase -SoFi -RobinHood https://www.reuters.com/...
  • @lesliepicker Leslie Picker on x
    Confirmed via a source that this @Reuters story is true and that an announcement may come as soon as today https://www.reuters.com/...
  • @aunkurarya Aunkur Arya on x
    Continue to believe that SPACs are reserved for companies with limited other liquidity prospects. This is getting obscured because a) the sponsor fees are just too attractive for SPACs not to exist and b) a feverish appetite for new offerings = untrained investors keep buying. ht…
  • @danprimack Dan Primack on x
    Inbox: SoFi going public via @chamath SPAC.