SPAC – Complimenting the VC Universe
In addition to an intriguing interplay of factors including (1) speed to market, (2) widening gap between the public-private valuation, (3) exits based on future projections, (3) and younger and riskier firms going public amid seemingly unbridled retail investor enthusiasm, the SPAC’s sponsor economies is motivating institutional investors of all kinds to come out with their own SPACs.
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