SPAClash: the buzz and the bust
Economist Podcasts
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The Rise and Fall of SPACs
This chapter examines the journey of Special Purpose Acquisition Companies (SPACs), highlighting their prior popularity and recent decline. It delves into how SPACs operate, their appeal for high-growth companies, and the implications of regulatory scrutiny. The discussion concludes by suggesting that the current cooling trend in SPAC enthusiasm could pave the way for a more sustainable investment landscape.
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