Tag: SPACs

The SPAC Bubble Is Further Evidence of A Market Bubble

The SPAC Bubble Is Further Evidence of A Market Bubble

Easy credit, lofty equity valuations and a weak economy are all pointing to investors getting burned. The 2020 SPAC frenzy is further evidence of market excess. Billy Beane the baseball GM is a partner in a SPAC that will pursue SportsTech acquisitions. Former hedge fund managers, former VC's, even former operators who were not known … Continue reading The SPAC Bubble Is Further Evidence of A Market Bubble

SPAC City

SPAC City

SPACs are popular at the moment accounting for approximately 38% of IPO activity through May. Pershing Square filed for the largest SPAC on record earlier this week with its $3 billion Pershing Square Tontine Holdings filing. SPAC filings of Pershing Square's size suggest more competition for private equity firms may be forthcoming. https://youtu.be/1U2PxBGetqw https://soundcloud.com/ceorater