Gerstner emphasizes Altimeter's SPAC charges companies zero fees while delivering outcomes identical to traditional bank IPOs.
“while the day of the IPO and the day after the IPO are nearly identical as if a bank took you public, we don't charge your company a fee. None. Zero.”
Gerstner emphasizes Altimeter charges zero fees to companies going public via SPAC.
“And while the day of the IPO and the day after the IPO are nearly identical as if a bank took you public, we don't charge your company a fee. None. Zero.”
Gerstner says Altimeter's SPAC model lets companies set their own price and charges zero fees to the company.
“You set the price, you tell the story with forward looking forecasts. We serve up a world class group of mutual funds and hedge funds as your shareholders.”
Gerstner describes SPAC fee structure where shareholders pay via dilution, similar to VC fund economics.
“I mean, it's very similar to our VC funds where we get paid for helping our investors invest in companies like Snowflake.”