MI086: SPACs and Electric Vehicles w/ Peter Cuneo and Avinash Rugoobur
The Intrinsic Value Podcast - The Investor’s Podcast Network
The Investor's Podcast Network
4.6 • 592 Ratings
🗓️ 31 March 2021
⏱️ 74 minutes
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| 0:00.0 | You're listening to TIP. On today's show, I talk with Peter CUNIO and Avanash Ruggabur to discuss |
| 0:07.7 | SPACs and their surge in popularity, as well as the future of electric vehicles. CUNIO is the current |
| 0:15.0 | chairman of CIIIC, which is the SPAC acquirer of Arrival. He is most known as the former CEO of Marvel Entertainment |
| 0:23.2 | and is the catalyst in taking it out of bankruptcy. After 10 years, eventually it was sold to the Walt |
| 0:30.0 | Disney Company for $4.3 billion. He also has a business with his two sons where they invest |
| 0:36.1 | venture capital for media and |
| 0:38.0 | entertainment, and he also serves on the board of the National Archives in Washington, where he's |
| 0:43.0 | the chairman of the Development Committee. Ruggabur is the current president of arrival. |
| 0:47.9 | He was former head of strategy and M&A at GM Cruise. He started his career as an engineer |
| 0:54.1 | with a background in electronics and computer science. |
| 0:57.9 | He also created, with his three friends, a chocolate lounge called Bliss Chocolates in India, |
| 1:04.3 | which was the first of its kind that rapidly gained success in a short amount of time |
| 1:08.7 | partnering up with brands like Louis Vuitton, |
| 1:10.9 | Audi, and others. |
| 1:13.7 | He is also the director and co-founder of Curve Tomorrow. |
| 1:17.4 | During this interview, we discuss SPACs in-depth and why they've been gaining popularity lately. |
| 1:23.6 | We also discussed the merger of CIIIG and Arrival, how it happened, why Arrival chose to go public |
| 1:30.4 | through a SPAC, and why CIIG chose arrival. |
| 1:35.4 | Avanash gave a lot of insight in regard to electric vehicles, how revolutionary they could be, |
| 1:41.2 | how they are intertwined with autonomous driving? What sets a rival apart in the market |
| 1:46.6 | and how they edge out competitors such as Tesla and achieve profitability when companies like |
| 1:52.3 | Tesla struggle? So now without further delay, let's get into this week's episode with Peter |
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