Chamath Palihapitiya has been labeled the King of SPACs and it may very well be for good cause. On Friday, traders acquired an update from Palihapitiya on how his SPAC investments have carried out since inception, in 2021 and throughout the previous down week.

The Palihapitiya SPACs: Palihapitiya has plans to deliver SPACs public with tickers IPOA to IPOZ. To date, six SPACs have launched beneath the Social Capital Hedosophia umbrella. Seven extra just lately filed their names with the SEC for future launches.
Here’s a take a look at how the SPAC offers have carried out:

  • Virgin Galactic (NYSE: SPCE) was the primary SPAC deal accomplished by Palihapitiya. Shares of the area firm are up 172.9% for the reason that providing and up 15% in 2021.
  • Opendoor Applied sciences (NASDAQ: OPEN) is an on-demand digital expertise to purchase and promote a house. Opendoor shares are up 119.9% since IPOB
What’s in a reputation?

There’s an attention-grabbing story behind each enterprise title. Ask any firm founder how they got here up with their enterprise title, and you might be certain to study extra in regards to the firm and the founder inside their reply. And their tales may also help you learn to come up with a business name too.

That’s what we decided to do for this article: ask real business owners how they came up with their business name.

What we found is that business names generally fell within one of four categories:

  • Functional: Names that are purely descriptive of what a company or product does.
  • Invented: Constructed names based on rhythm and the experience of saying them.
  • Experiential: Names that offer a direct connection to something real.
  • Evocative: Names that evoke the positioning of a company or product.

Let’s dive deeper into these