<p> Silicon Valley venture capitalists are no longer content with investing in startups and then eventually handing them off. Instead, many are now forming SPACs, or blank check acquisition companies, to ride tech unicorns into the public markets themselves. Dan discusses this trend with the co-founders of one such tech SPAC: Reid Hoffman, co-founder of LinkedIn and partner with VC firm Greylock, and Mark Pincus, founder and former CEO of Zynga.</p>

Silicon Valley venture capitalists are no longer content with investing in startups and then eventually handing them off. Instead, many are now forming SPACs, or blank check acquisition companies, to ride tech unicorns into the public markets themselves. Dan discusses this trend with the co-founders of one such tech SPAC: Reid Hoffman, co-founder of LinkedIn and partner with VC firm Greylock, and Mark Pincus, founder and former CEO of Zynga.

<p>&nbsp;Silicon Valley venture capitalists are no longer content with investing in startups and then eventually handing them off. Instead, many are now forming SPACs, or blank check acquisition companies, to ride tech unicorns into the public markets themselves. Dan discusses this trend with the co-founders of one such tech SPAC: Reid Hoffman, co-founder of LinkedIn and partner with VC firm Greylock, and Mark Pincus, founder and former CEO of Zynga.</p>

Reid Hoffman and Mark Pincus on the rise of Silicon Valley SPACs

Each weekday afternoon, Axios unpacks the biggest story of the day and why it matters. We'll take you inside the accelerating forces, technologies and trends that are remaking your world and work. About Axios: Axios is a digital media company launched in 2017. Axios - which means “worthy” in Greek - helps you become smarter, faster with news and information across politics, tech, business, media, science and the world. Subscribe to our newsletters at axios.com/newsletters and download our mobile app at axios.com/app. 

Axios Re:Cap is on hiatus until October 2021.

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Each weekday afternoon, Axios unpacks the biggest story of the day and why it matters. We'll take you inside the accelerating forces, technologies and trends that are remaking your world and work. About Axios: Axios is a digital media company launched in 2017. Axios - which means “worthy” in Greek - helps you become smarter, faster with news and information across politics, tech, business, media, science and the world. Subscribe to our newsletters at axios.com/newsletters and download our mobile app at axios.com/app. Axios Re:Cap is on hiatus until October 2021.

Each weekday afternoon, Axios unpacks the biggest story of the day and why it matters. We'll take you inside the accelerating forces, technologies and trends that are remaking your world and work. About Axios: Axios is a digital media company launched in 2017. Axios - which means “worthy” in Greek - helps you become smarter, faster with news and information across politics, tech, business, media, science and the world. Subscribe to our newsletters at axios.com/newsletters and download our mobile app at axios.com/app.&nbsp;

Axios Re:Cap is on hiatus until October 2021.

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Reid Hoffman and Mark Pincus on the rise of Silicon Valley SPACs

Reid Hoffman and Mark Pincus on the rise of Silicon Valley SPACs

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