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
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