SPAC ISLAND The SPAC Guys

Wework, founded in 2010 in NYC, is a rapidly growing company offering co-working space around the world. Upon a merger with Bowx Acquisition Corp. (BowX), will this be the next SPAC to take off? Join Stan and Alex for this week’s analysis.
Key Takeaways:
00:15    Wework Bio
02:53    How covid plays a part
04:40    The numbers – Alex's take
06:24    The numbers – Stan's take
07:09    Meetup acquisition
10:12    Life after turning a profit
15:00    Moats
21:28    Which makes more money- Full memberships? Or physical occupancy?
29:43    The black mark... Is Adam Newman coming back?
34:03    Wework: the dividend factory?
39:00    In Summary
Thanks for listening!
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WeWork – Website | Numbers

In this episode of SPAC Island, we dive into Upstart (UPST)- a rapidly growing B2B loan vetting company that uses powerful artificial intelligence. Join us as we discuss why this might be one of the biggest stocks of the decade.
00:35    Upstart Breakdown
04:07    Is Upstart worth it? Why?
06:52    How it works
10:00    Company Leadership
12:30    The numbers
14:05    Risk Assessment
16:00    The future of Upstart
22:01    Upstart’s Competitors

Links:
SPAC Island - Website | Twitter | Leave Us a Review | Email Us
Upstart – Website | Numbers

Nextdoor Show Notes
Nextdoor, a San Francisco-based company is an app dedicated to connecting its users to others in their neighborhood. With a $4.3 billion deal, it will merge with Khosla Ventures Acquisition Co II to form the new entity, KIND. Join Stan and Alex for this deep dive into this SPAC to find out if this is a win or a flop.
Key Takeaways:
00:25    Bio
03:45    The social media dilemma
09:08    Leadership
12:03    Investment Assessment
18:20    Advertising in Nextdoor
19:32    Defensibility & competition
22:06    Stan & Alex’s stance & summary
Thanks for listening!
Links: SPAC Island - Website | Twitter | Leave Us a Review | Email Us
Nextdoor - website | investor relations

ASTS Show Notes
AST & Science (ASTS) is a company claiming to bridge the gap for all areas of the world that do not get cell service. Their goal is to create the first space-based cellular network, providing 4G & 5G speeds globally. Can this be the next big thing for cellular data? Is it feasible? Join Stan and Alex for an in-depth analysis of this company and the market around space driven cellular data!
Key Takeaways:
01:00    ASTS Bio/ Aspirations
01:46    The problem to solve & company ambition
06:40    The Blue Walkers
10:25    5G speeds.. Is it possible?
16:13    The CEO, Abel Avellan
17:43    In competition with Starlink
24:24    Stan’s position
25:12    Alex’s position
27:52    In summary
Thanks for listening!
Links:
SPAC Island - Website | Twitter | Leave Us a Review | Email Us
ASTS - Website | Numbers

In this episode we discuss MP Materials ($MP) and The Metals Company ($SOAC).
Demand for metal ores, especially rare earths, continues to grow as EVs (electric vehicles) become mainstream. $MP is a traditional rare earth mining operation that is already profitable with ambitions to rebuild a US supply chain. $SOAC instead is a first mover innovating in deep sea mining, scooping up metals from the ocean floor.
Which company has the smartest approach? Is the market big enough for the both of them?

In this week’s episode we discuss two new space SPACS merging onto the scene: Astra (HOL) and Rocket Lab (VACQ).
Astra and Rocket Lab are both small payload launch companies that are tackling the micro satellite market with their lower cost and smaller payload rockets. Astra has launched rockets to space, but has yet to get to orbit. Meanwhile, Rocket Lab has reached orbit multiple times and has implemented a partial rocket recovery system.
Both companies have their eyes set on the same market and are going public via SPACs to fuel their larger ambitions.