6min chapter

Odd Lots cover image

Betsy Cohen On Tech Investing and How SVB Failed Banking 101

Odd Lots

CHAPTER

The Rise and Fall of Bancor

Bancor was an innovator and early sponsor or active in SPACs for years. You were like several years before everyone else. And I think you've done more than anyone else, or maybe it's closed. Then a bunch of them collapsed and it did terribly. Like right now, like what is just sort of your sense of investment appetite? Like how frozen are things?I think very frozen is the short answer. But remember that a SPAC is just a legal vehicle. It is designed to provide capital to an industry that can't get capital through a straight-on IPO because there is some either gap in the development of the company so they don't have numbers from prior

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