What is Paul Ryan up to these days? OR What are SPACs?
5 min readFeb 23, 2021
He is running a special purpose acquisition company (also known as a SPAC) worth 300m, that’s what. But what is that? A company with no product except synergy — that sounds like some nonsense from 30 Rock…
Unfortunately this is the same answer for the question — what is happening at Buzzfeed, why did Ezra Klein and Matt Yglesias exited Vox and why it will merge with Vice. Because all media companies with starting with V must merge to be some sort of Voltron?
