Current Social Capital Hedosophia Holdings Corp II Price Values Opendoor Like A High Growth SaaS Company (NYSE:IPOB)

Surge in IPOB Price Due to Opendoor Announcement

Over the last month, shares of Social Capital Hedosophia Holdings Corp II (IPOB) have risen ~70%, in large part due to the announcement that IPOB will be used to bring Opendoor public. I was an early shareholder of IPOB with the overall thesis that given Chamath Palihapitiya’s impressive track record, there was a high likelihood that he would succeed in putting together a deal that would drive up the value of IPOB. That thesis has played out as expected leaving me with another question: now that the original thesis has played out, are the shares still worth holding?

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There is already a lot of good research on the fundamentals of Opendoor’s business, so I will not repeat those details in this article. In particular, I recommend this Seeking Alpha article Knock Knock. Who’s There? Opendoor. Chamath Just SPAC’d The

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LSC Communications Receives Court Approval for Sale to Atlas Holdings and Supporting Creditors

LSC Communications, Inc. (OTCQX:LKSD) (“LSC” or the “Company”) today announced that the U.S. Bankruptcy Court for the Southern District of New York (the “Court”) has approved its previously announced stock and asset purchase agreement, under which an affiliate of Atlas Holdings LLC (“Atlas””) with the support of certain of LSC’s secured creditors (the “Creditor Group”), will acquire substantially all of the Company’s assets.

“With the Court’s approval of the sale, we are able to move forward with this value-maximizing transaction that represents the best path forward for all LSC stakeholders,” said Thomas J. Quinlan III, LSC Communications’ Chairman, President and Chief Executive Officer. “We are confident that through this partnership with Atlas, LSC will be uniquely well-positioned to strengthen and grow our market-leading position and provide our customers with the same high standards of quality, reliability and innovation. On behalf of the LSC Board and management team, I would like

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