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Day Two From Milken Global Conference

Bloomberg Businessweek

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Spacks Are Not a New Investment Vehicle

Spacks are not a new investment vehicle. They've been around for, whatever, 25 or 30 years. The financial markets are trying to adapt of how can we absorb all these new assets into the market? Cause we're not seeing a lot of ip i mean, we saw the ipo market fall off a little bit, right? It did. Nd now it's back. But i'm just sayinghat, you know, that there's alternatives for going public here. Direct listints are great. And this back provides a great alternative, because it really, really does his it allow s a company to openly talk about its projections with its investors.

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