SPAC week is coming to an end. Boohoo.
Let’s refresh…What is a SPAC?:
Next …the benefit to the founders of the SPAC vs. a traditional IPO, a growth round or sale:
I really like my friend Russ Fradin’s take on why there are so many SPAC’s and why they are good and here is his twitter thread. Here it is embedded below:
As an investor, you do not NEED to do anything new.
You can completely ignore the conversation and index.
But, I hope this week of SPAC posts and podcasts helps.