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  1. S

    Anyone else concerned about Ruiz's alleged net worth?

    Great, how much revenue do they have today? Any? Do you have any idea how many very large companies are focused on the inefficiencies/payments space in health care sector? Have you ever been to HiMSS? Ok, an attorney has more insight and expertise than really well capitalized, public and...
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    Anyone else concerned about Ruiz's alleged net worth?

    Projected revenue are the key words. How much revenue today? You really think he has proprietary software that no one else has? An attorney? Do you know how many large software companies there are in healthcare and the payment industries tackling these problems? Yet he has something no one else...
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    Anyone else concerned about Ruiz's alleged net worth?

    For the record, I hope and would love for Ruiz to help the U be ultra competitive in the NIL age. However, assigning a multi-billion valuation to essentially a pre-revenue company is...crazy. That bubble is gone.
  4. S

    Anyone else concerned about Ruiz's alleged net worth?

    Have spent 30 years in the equities market, they were doing SPAC's in mid-90's. Tons of fees and options/warrants. Maybe scam is harsh - how about crappy structure for public investor that often comes out on losing end, and insiders and bankers make all the money (which to me is a scam). They...
  5. S

    Anyone else concerned about Ruiz's alleged net worth?

    The structures of SPAC's are scams to public investors. You tell me, DKNG will soon break IPO price, will eventually be a single digit midget. The bubble is over, cryptos will soon follow. Fed can't help now.
  6. S

    Anyone else concerned about Ruiz's alleged net worth?

    SPACs have been and always will be a scam. And the market and valuations will continue to compress.
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