SPAC Companies
topic on 3 shows · 3 statements across 3 episodes
3 statements about SPAC Companies, every show
Beck: Many SPAC-Era Companies Went Public Because They Were 'Crap'
“I think a lot of public, a lot of companies went public during that SPAC time because they were just crap companies and they couldn't raise capital privately. So their only option was to be a public company.”
Levin: Depressed SPAC companies will either grow or go private
“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.”
Friedberg: Roughly 65% of post-2020 IPO/SPAC companies trade below private capital raised
“65%, roughly, of companies that went public since twenty-twenty, whether that's through SPAC or IPO, 65% are trading below the total cash they raised as a private company, as a tech, as a, by VCs. So they're so low in value in aggregate that they're actually w…”