The Information's 411

SPACs: A Love Story

09.25.2020 - By The InformationPlay

Download our free app to listen on your phone

Download on the App StoreGet it on Google Play

It seems like in Silicon Valley is starting a SPAC. Reid Hoffman, Peter Thiel, Kevin Hartz, Chamath Palihapitiya, maybe even your roommate.

Reporters Cory Weinberg and Ross Matican trace the origins of the SPAC surge. We explain why these special-purpose acquisition companies have become so popular, some of the regulatory history, and what some of the downsides are. 

In this episode, we talked to:

George Arison, co-CEO of Shift Technologies

Milos Vulanovic, associate of corporate finance at EDHEC Business School

Thomas Hennessy, co-CEO and president of PropTech Acquisition Corporation

Jay Heller, head of capital markets & IPO expansion at Nasdaq

Further reading:

The Information's SPAC Target List

What Private Tech Firms Should Watch Out For in SPACs

Opendoor, in Announcing SPAC, Opens Up About Losses

ChargePoint to Go Public in $2.4 Billion SPAC Deal

More episodes from The Information's 411