deBanked Announces SPAC

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Wall StreetdeBanked employees were summoned to an all-hands meeting in the company’s modest Brooklyn, NY headquarters yesterday afternoon to bear witness to a special announcement.

“We’re launching a SPAC,” deBanked president and chief editor Sean Murray said to a stunned room. “I’ve been writing about fintech for more than ten years, but an inspirational meme posted by a bot on twitter got me thinking. And I was just like, ‘You know what? F*** it, let’s just buy the whole fintech industry.'”

Everyone quickly agreed that it was a genius move.

“What was the last stimulus? like what, $1.9 trillion or something? We’ll raise at least 10x that amount in our IPO,” he continued. “No financial technology company is off limits, we’re going to buy them all. I can’t believe no one has thought of this yet!”

Murray realized that such a brilliant strategy was likely to rattle the largest banks and he said that he had already placed calls to Jamie Dimon at JPMorgan and David Solomon at Goldman Sachs to ease them into his swift rise to financial power.

“I mean did I actually speak to them? Technically per se not really, but I heard them speak on Clubhouse of which I am an elite exclusive member,” Murray said.

When pressed for details about this Clubhouse conversation, Murray backpedaled and said he actually just read an article about Clubhouse but that the article referenced Elon Musk and that he was basically just as important as the famed bankers. Several sources who wished to remain anonymous said that Murray was only invited to Clubhouse after shamelessly begging for an invitation on twitter.

Attempts to verify his membership revealed a profile picture where he is giving a thumbs up while holding a glass of scotch, one of which he said came from a bottle that cost more than I would ever make in my whole life. A fact check, however, revealed that it was really just expired apple juice that a building maintenance worker had left out near the common area garbage disposal.

When asked to explain this, Murray said, “Bro, why do you think we’re doing a SPAC? Once we have the money, we’ll be drinking freaking Apple computers!”

By the end of the big company meeting, Murray pulled out a joint and began puffing it furiously through a mouth hole he cut open in his 7 simultaneously-worn covid masks, prompting one staff member to ask if his fanciful plan was at all related to New York’s newly enacted marijuana law.

“Wait, you mean this sh*t’s legal now?” he asked. “F***, make it two SPACs then!”





April Fools 🙂

Last modified: April 1, 2021

Category: Industry News

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