Levin: Depressed SPAC companies will either grow or go private
Joey Levin · IAC CEO Joey Levin: Why Value Investing is BS; The Most Insane Element of SPACs | 20VC #982 · 20VC with Harry Stebbings · Feb 24, 2023 · at 28:38
Joey Levin is the CEO of IAC and Angi Inc. He discusses the fate of small-cap public companies created through SPACs that lack institutional analyst coverage.
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“Which means they'll either have to grow out of that by being big enough that people have to pay attention to it, or yeah, they'll probably go back private and, you know, try and work things out there.”
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