
E1152: Keith Rabois on leaving Silicon Valley for Miami, Roaring Twenties 2.0, IPO spree & more
This Week in Startups
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SPAC Sponsors - Is There a Flight to Quality?
Some people maybe who shouldn't be running companies are going public putting products out there. There's been low quality inventory available in public market for a long time whether they're a large market cap need large cap for small market companies I don't know if that's new and I think there'll be a flight to quality. The SPAC sponsors are sort of endorsing a specific valuation whereas the old-school investment bankers are really not doing anything truthfully.
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