On: Luminar to go public in $3.4B merger

[svbanker]

This makes no sense. The fellowship doesn’t take equity. And its not like he has control over what Luminar does. Also, Luminar went public through a SPAC and Palantir is going to be a Direct Listing so one doing well wouldn’t say anything about the investor appetite for the other

[kraavi → svbanker]

The SPAC poured $400m and there is another $170m PIPE, which also includes Peter Thiel [1]

Peter Thiel was a current investor in Luminar [2]

[1] https://uk.mobile.reuters.com/article/amp/idUKKBN25K1BX

[2] https://www.crunchbase.com/organization/luminar-technologies...