4min chapter

Cleaning Up: Leadership in an Age of Climate Change cover image

The Climate Venture Adventure - Ep135: Kim Zou

Cleaning Up: Leadership in an Age of Climate Change

CHAPTER

The Impact of the SPAC Trend Petering Out on Fundraising

A third of the companies we tracked that were SPACing or pre revenue, pre revenue, and they were going public. That means they probably couldn't have done an IPO, but they were able to slip through this particular window. It's not just the exits that get depressed by that, but it's also the fund raisings. And so in a way, some SPACs were seen as a good thing like Lanza Tech went public through SPAC and they're doing really well.

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