Research shows that hundreds of SPACs are looking to acquire tech companies in the coming months, heating up competition for startups and inflating deal values
‘Blank check’ firms known as SPACs are in pursuit of America's hottest startups. Is the invasion a sign of a market euphoria that can't last?
Great article. It does seem like this can't end well for most in the long run. But the upshot is more companies in the public market. Right? @WSJ https://www.wsj.com/...
Goldman warned on their earnings call that the SPAC frenzy isn't sustainable, and they're one of the biggest beneficiaries. Can we call it a bubble? https://www.wsj.com/...
Great article for those that don't understand SPAC's. While the current gold rush is real, the last paragraph of the article brings us back to reality. Ht: @mjm1515 https://twitter.com/...
‘26 companies tied to mobility and technology merged with SPACs in 2020 and recently had a combined market value of more than $100B. Many of them have no revenue. An index of them posted a total return of nearly 80% in the second half of last year.’ https://www.wsj.com/... https:…
Nearly 300 SPACs are now seeking deals, armed with about $90 billion in cash. And so far this year, an average of five new SPACs launched each business day. https://www.wsj.com/...