<p>2020 was the year special purpose acquisition companies — SPACS — went mainstream. We revisit the rise of SPACs via Dan’s July conversation with Wall Street titan Bill Ackman, who was ahead of his time in 2012 when he used a SPAC to bring Burger King public. </p>

2020 was the year special purpose acquisition companies — SPACS — went mainstream. We revisit the rise of SPACs via Dan’s July conversation with Wall Street titan Bill Ackman, who was ahead of his time in 2012 when he used a SPAC to bring Burger King public.

<p>2020 was the year special purpose acquisition companies — SPACS — went mainstream. We revisit the rise of SPACs via Dan’s July conversation with Wall Street titan Bill Ackman, who was ahead of his time in 2012 when he used a SPAC to bring Burger King public.&nbsp;</p>

Rewind: Bill Ackman on the age of 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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