Equity

The SPAC trash ticker is counting down

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Sinopsis

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines.This week had the whole crew aboard to record: Grace and Chris making us sound good, Danny to provide levity, Natasha to actually recall facts, and Alex to divert us from staying on topic. It's teamwork, people - and our transitions are proof of it.And it's good that we had everyone around the virtual table as there was quite a lot to get through:Team felt all kinds of ways about the Amazon-MGM deal. Some of us are more positive about than the rest, but what gists out from the transaction is that for Amazon, the purchase price is modest and the company is famously playing a supposedly long-game. Let's see how James Bond fits into it. Alex receives four points for not bringing up F1 thanks to the Bond-Aston Martin connection.Turning to the SPAC game, we chatted through the recent Lordstown Motors earnings results, and what we can parse from them regarding blank-check companies, promi