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10 Weekend Reads

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Le Mans Coffee coffee, grab a seat outside, and get ready for our longer form weekend reads:

The Road Ahead: Charting the pandemic over the next 12 months — and beyond: Now — with health authorities saying it may not be until at least the end of 2021 before there’s a degree of post-Covid normalcy in our lives — look forward. Imagine the next 15 months and what life will be like. (STAT)

Egregious Founder Shares. Free Money for Hedge Funds. A Cluster***k of Competing Interests. Welcome to the Great 2020 SPAC Boom. Since 2015, the 89 SPACs that have completed mergers have an average loss of 18.8% (median loss of 36.1%); Only 29% of the SPACs had positive returns. Average aftermarket gain for IPOs? 37.2% (Institutional Investor)

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