Colin Kaepernick should invest in a SPAC and start a mutual fund
A SPAC is a special purpose acquisition company, and its purpose is to streamline the process of taking a company public. Instead of building a business and eventually offering shares to the public, you do the IPO first, raising a bunch of money from public investors into a company that just holds cash, and then go out and find a private company to buy with that cash. According to its offering documents, the SPAC, called Mission Advancement Corp., is "focused on the intersection of consumer and impact" and will aim to "identify, acquire,...
Source: businessinsider.com