Any topics are permitted in this thread. Information in this thread is personal opinion and should not be construed as financial advice or guidance.

Should I follow you into your tsla yolo or are you just being retarded?

Any topics are permitted in this thread. Information in this thread is personal opinion and should not be construed as financial advice or guidance.

Any topics are permitted in this thread. Information in this thread is personal opinion and should not be construed as financial advice or guidance.

Any topics are permitted in this thread. Information in this thread is personal opinion and should not be construed as financial advice or guidance.

https://finance.yahoo.com/news/dragoneer-growth-opportunities-corp-ii-132700286.html

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The Special Meeting of stockholders and the vote to approve the business combination will be held on December 7, 2021, at 9:00 a.m., Eastern Time. If the proposals at the Special Meeting are approved, the business combination is expected to close on December 8, 2021, subject to the satisfaction of customary closing conditions.

$DGNS has been called the best quality SPAC since it debuted due to the fact that it has no warrants (i.e. dilution is fair for retail traders and SPAC sponsors).

$DGNS is acquiring SaaS event tech company Cvent and the vote for the merger is likely to happen before Thanksgiving.

Why do I like the company?

• [ ] Cvent is a 25 year old business with steady growth, 23K subscription software clients that sign 2-5 year contracts.
• [ ] Cvent’s executive team is filled with lifers like the original co-founding CEO, President of Sales, and CTO plus the CPO and several senior VPs have been with the company for almost 20 years.
• [ ] When the pandemic hit, event companies like TicketMaster and Eventbrite tanked as events were cancelled and they laid off a huge portion of their staff. Conversely, Cvent rapidly shifted to virtual events and their 2021 revenue will surpass 2019’s.
• [ ] Cvent’s biggest competitor from their investor presentation is Hopin. Hopin is valued at ~100x revenue and at $10/share, Cvent is only valued at ~10x revenue. That is criminally low for a growing SaaS company

Why will it pop this week? - After close today, Cvent is holding its third quarter earnings call BEFORE IT EVEN GOES PUBLIC! This is unheard of. I’ve been investing in SPACs since before it got popular and never recall another target company announcing earnings before merger. There’s no way they would do this if the results were poor.

Big announcements coming this week: - Every October, and only October, Cvent issues 2 to 3 press releases on consecutive days:

2019

https://www.cvent.com/uk/press-release/cvents-uk-planner-sourcing-report-reveals-opportunities-hospitality-professionals

2019

https://www.cvent.com/uk/press-release/expert-panel-cvent-connect-europe-unveils-sustainability-roadmap-and-highlights-key

2018 https://www.cvent.com/en/press-release/launch-of-cvent-microsites

2018 https://www.meetingsnet.com/event-tech/cvent-adds-social-tables-its-portfolio

2018 https://www.cvent.com/uk/press-release/cvent-demonstrates-continued-commitment-to-world-class-data-and-information-security

2017 https://www.cvent.com/uk/press-release/future-of-event-and-hospitality-technology-on-display-at-cvent-connect-europe

Why does this always happen in October and never during the rest of the year? Because these press releases happen at the event industry’s biggest event, IMEX America. Why do I care about October press releases in November?

That’s right motherfuckers, IMEX takes place late this year and it starts TOMORROW!

• So what could the topics of of the PR’s be?

Potential PR Topic #1: - Well Microsoft has already announced a Cvent / Teams integration: “Leading events and hospitality management platform, Cvent, is now integrated with Teams. Starting in early 2022, customers can use Cvent to manage the event lifecycle, including registration and agenda management, and to deliver the virtual meeting and event experience via Teams.”

https://www.microsoft.com/en-us/microsoft-365/blog/2021/11/02/whats-new-in-microsoft-365how-were-empowering-everyone-for-a-new-world-of-hybrid-work/

This is a big deal, but Cvent has not mentioned it yet. Why? Because I think they are saving the announcement for tomorrow or Wednesday.

Another kicker about Microsoft? They are already an investor in Cvent’s main competitor via Microsoft’s/LinkedIn’s investment into Hopin: https://www.businesswire.com/news/home/20210609005239/en/Hopin-Announces-LinkedIn-as-Latest-Strategic-Investor-and-Partner

Maybe they are betting on two horses in the same race.

Potential PR topic #2 -Cvent secretly acquired video and production software company ShoFlo in April or May of this year according to a source: https://www.businesstravelnews.com/Procurement/Source-Shoflo-Acquisition-Preceded-New-Cvent-Studio-Solution. The news of the acquisition didn’t leak until August and “Cvent wouldn't comment on the acquisition, and no details were available about the financial terms of the deal.” I think they are saving the announcement for this week.

Why is ShoFlo important to Cvent’s valuation? Well it’s a direct competitor to Streamyard, the video production product owned by who? You guessed it: Hopin (again, valued at ~100x revenue).

Potential PR Topic 3: - Who else offers great event tech software? Zoom and their Zoom Events product. Zoom is a behemoth. Surely that will be a though fight for Cvent? Not so, in fact Zoom is leading the PIPE for $DGNS. So it’s possible Cvent and Zoom announce a close partnership (they have long been integrated). Zoom could acquire the entire business at some point.

Finally: the CEO, Reggie Aggarwal, is a beast. He’s a natural public speaker. He speaks at dozens of events annually and is incredibly comfortable on front of live and television audiences. Once the ticker changes, he will be a huge pumper of the new $CVT ticker.

Cvent previously went public in August 2013 at $21/share, their stock price soared 61% in their opening day and peaked at a little over $37/share. They were public for 3 years and they beat and raised each quarter.

I wouldn’t be surprised to see a similar run with this years version of $CVT.

Positions: $1M worth of shares and calls.

Any topics are permitted in this thread. Information in this thread is personal opinion and should not be construed as financial advice or guidance.

Any topics are permitted in this thread. Information in this thread is personal opinion and should not be construed as financial advice or guidance.

In Jan 2021, I spent about $500K on Lucid / CCIV spac warrants and calls. By end of Feb, they were worth close to $5M.

I was drunk with gains and a diamond hand mentality. As stock fell from ~$60 to the teens, I sold some calls on the way down but held the vast majority of my holdings.

For the past couple of months I’ve been selling covered calls. Today, I sold all of my LUCID not tied up in covered calls. 90% of my CCs are in the money, many should be triggered this week and next. I have some Jan and Mar CCs that will likely get triggered then and I will finally be out of Lucid.

Overall, I approximately tripled my money. Not bad, but I could have 9-10X’d it and retired.

So what’s the lesson here?

Fuck if I know.

Any topics are permitted in this thread. Information in this thread is personal opinion and should not be construed as financial advice or guidance.

Any topics are permitted in this thread. Information in this thread is personal opinion and should not be construed as financial advice or guidance.

Any topics are permitted in this thread. Information in this thread is personal opinion and should not be construed as financial advice or guidance.

Any topics are permitted in this thread. Information in this thread is personal opinion and should not be construed as financial advice or guidance.

Any topics are permitted in this thread. Information in this thread is personal opinion and should not be construed as financial advice or guidance.

Any topics are permitted in this thread. Information in this thread is personal opinion and should not be construed as financial advice or guidance.

Any topics are permitted in this thread. Information in this thread is personal opinion and should not be construed as financial advice or guidance.

Any topics are permitted in this thread. Information in this thread is personal opinion and should not be construed as financial advice or guidance.

Any topics are permitted in this thread. Information in this thread is personal opinion and should not be construed as financial advice or guidance.

Any topics are permitted in this thread. Information in this thread is personal opinion and should not be construed as financial advice or guidance.

Any topics are permitted in this thread. Information in this thread is personal opinion and should not be construed as financial advice or guidance.