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Heads or tails he wins, but Mark Casady's upside for making his SPAC click is head-spinning because the IPOs will keep flying out the door

SEC filings detail the Lefteris chairman's overnight gains of maybe $50 million, but if the ensuing reverse merger or buy blossoms, it'll trigger a potential virtuous circle.

Author Oisin Breen November 5, 2020 at 8:41 PM
2 Comments
no description available
Chip Roame: Many SPACs have lighter management teams, often led more by investors than by operators. The Lefteris team has three former CEOs.

Technology


Brian Murphy

Brian Murphy

November 6, 2020 — 2:05 AM
Mom always said - if you don't have anything nice to say, don't say anything. Good luck with all that.
MoneyClip

MoneyClip

November 6, 2020 — 12:46 PM
BRILLIANT CURATION!

Related Moves

October 29, 2022 at 12:02 AM

Mark Casady is under the gun to spend his SPAC's $200 million of cash to avoid October deadline but a recent SEC filing sounds an ominous note after CEO departs

Lefteris reports that Jon Isaacson is taking over as CEO from Karl Roessner, the 'natural choice' to make a deal, according to Casady, though it's down to a few weeks

September 29, 2022 at 1:24 AM

Oleg Tishkevich builds instant McKinsey-killer in RIA consulting by offering gigs and equity to six solo stars, but good luck managing egos and economics, says someone who's been there

The restless Invent.us founder names (thus far) Tim Welsh, Suzanne Siracuse, Gavin Spitzner, Mark Hollingsworth and Brian Bleasdell as owners in exchange for being on call to tackle big gigs as a superteam

September 10, 2019 at 10:52 PM


Mentioned in this article:

Tiburon Strategic Advisors
Asset Manager for RIAs
Top Executive: Charles Roame

The Rudin Group
Marketing & Public Relations
Top Executive: April Rudin



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