Liked on YouTube. | Title: How To Bankrupt a SPAC in 8 Months. | Description: Limited time: get 6 free stocks when you sign up for Moomoo and deposit any amount, 7 free stocks when you deposit $100, and 10 free stocks when you deposit $2,000. Use link https://j.moomoo.com/00iPZo In this video we go over perhaps the most disastrous SPAC of the recent SPAC bubble. Enjoy Technology was a company founded by former Apple executive Ron Johnson. Enjoy promised to revolutionize the retail industry with their concept of the mobile store. They merged with a SPAC in 2021 raising $250 million to fund their expansion. But the company was structurally unprofitable and they burned through this cash in just 8 months, declaring bankruptcy in June of 2022. 0:00 - 2:00 Intro 2:01 - 2:30 Moomoo sponsorship 2:31 - 4:50 Ron Johnson's track record 4:51 - 7:23 Enjoy Technology 7:24 - 8:17 SPAC merger 8:18 Bankruptcy Sign up to our daily newsletter for free: https://wallstreetmillennial.com/newsletter Email us: [email protected] Support us on Patreon: https://www.patreon.com/WallStreetMillennial?fan_landing=true Check out our new podcast on Spotify: https://open.spotify.com/show/4UZL13dUPYW1s4XtvHcEwt?si=08579cc0424d4999&nd=1 All materials in these videos are used for educational purposes and fall within the guidelines of fair use. No copyright infringement intended. If you are or represent the copyright owner of materials used in this video and have a problem with the use of said material, please send me an email, wallstreetmillennial.com, and we can sort it out. #Wallstreetmillennial #SPAC #apple –––––––––––––––––––––––––––––– Buddha by Kontekst https://soundcloud.com/kontekstmusic Creative Commons — Attribution-ShareAlike 3.0 Unported — CC BY-SA 3.0 Free Download / Stream: http://bit.ly/2Pe7mBN Music promoted by Audio Library https://youtu.be/b6jK2t3lcRs ––––––––––––––––––––––––––––––. | Published at: July 17, 2022 at 07:27PM. #%via:ifttt #%youtube #bookmarked_on_site #%watched #%consumed