On Cloud

How cloud-tech companies are leveraging SPACs to fuel growth

04.28.2021 - By Deloitte USPlay

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How do cloud-tech companies make the journey from hot startup to hot growth? For a growing number, it’s through a SPAC, or special purpose acquisition company, because SPACs may be more willing to make investments that more traditional investors see as risky. In this episode, David Linthicum and Deloitte & Touche LLP’s Barrett Daniels discuss how a SPAC works and how some companies leverage SPACs to help them raise capital to grow.

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