fbpx

Rigetti Computing Stock: A Pure-Play on Quantum Computing

October 11. 2021. 5 mins read

There’s been an increased amount of talk lately around what the media has coined “The Great Resignation.” People just don’t want to work anymore because they demand more from their employers. There’s talk about how 40 hours a week is just too much. It’s people of this ilk who are against meritocracies because they want to believe successful people are just lucky. On the exact opposite end of the spectrum are self-made success stories who work harder and smarter than anyone else – the rock stars.

At a startup in the late 90s, an entire development team spent 16-hour days in a windowless basement for several weeks straight to hit an impossible launch date. Not one objection was raised. Most people in that room were single, or soon to be single. You went home once a day to catch a few hours and a shower. And you drove straight back. Your every need was catered for by the charismatic project manager – coffee, candy, sodas, snacks, energy drinks, three meals a day, massage therapists, even beer and cannabis so people could unwind a bit. Every rock star in that room had stock options and wanted that golden ticket. It was a common sight in the dot-com era, a time when everyone felt an extreme sense of urgency to cash out before the music stopped. And stop it did.

Today, it’s become a whole lot easier for startup employees to see their golden handcuffs turn into real dollars. The special purpose acquisition company (SPAC) lets any team with a dream – and a cookie-cutter glossy investor deck – take their company public in a fraction of the time it takes for a traditional IPO to happen. Quantum

Become a premium member and get access to hundreds of premium articles, reports and additional content.

Nanalyze Premium is your comprehensive guide to investing in disruptive technologies. Read by the top investment banks, management consultancies, VCs, and research houses. Trusted by over 100,000 institutional and retail investors. Covering disruptive technologies for over 18 years.