How SPACs Stack Up: How we got here and where we’re going
SPACs were hardly a path of real consideration for tech companies in early 2020, and there had only been two direct listings to date. Flash forward to today and you can’t read the news without hearing about another SPAC. It’s incredible how fast this decades-old structure not only re-emerged as a viable option to consider when beginning the public offering process, but vaulted into the mainstream as an attractive path for many venture-backed companies to pursue.
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