$IPOF / Discord
Valuation approx $15 billion
Main arguments:
- The greek subsidiaries opened for every spac: For IPOB it was the Hestia Merger Sub, Hestia meaning domesticity and home. Ended up merging with a real estate company For IPOC it was Asclepius Merger Sub, Asclepius meaning medicine. Ended up merging with a healthcare company For IPOE it was Plutus Merger Sub, Plutus meaning wealth. Ended up merging with a fintech company And now he has just registered a so called Aris Merger Sub, Aris meaning chaos, strife and discord.
- His birthday tomorrow
- Recent cash burn (2.15 million) however IPOD cash burn was also 2 million
- Microsoft talks to buy out Discord ended in April
- Dragoneer financing news (bloomberg), stating they invested $500 million in Discord may just be a PIPE rumour after all..
- Hiring senior manger, stock administration