In the filing, DPCM Capital has Special Advisors who are also controversial including Shervin Pishevar and Dr. Eric Schmidt.
Pishevar was an early Uber investor. He left his venture capital firm after multiple allegations of sexual misconduct by multiple women in 2017.
Also in 2017, Schmid t resigned from his position as Chairman of Alphabet (NASDAQ< GOOG, GOOGL), the parent holding company of Google. In the MeToo era, Schmidt’s “open” marriage and multiple mistresses were inconvenient.
Rounding out the advisor’s list is Betsy Atkins. Atkins, the founder of Ascend Communications and three-time CEO has served on some of the world’s most visible Global public company boards. She is reportedly still on the board of Wynn Resorts, Volvo, and Oyo Hotels.
Blank check companies are hot right now. From DC to the Silicon Valley celebrities, financiers and controversial characters are all getting involved.
The creative financing vehicles are making billions. Everyone seems to be jumping aboard the SPAC train. Ex-Speaker of the House Paul Ryan and Senator Mitt Romney’s son, PayPal founder Peter Thiel, and Trevor Milton the now disgraced, ex-CEO of Nikola are just a few of those who submitted filings this year. It is already a record year for SPACs.
