2min snip

Acquired cover image

Virgin Galactic

Acquired

NOTE

The problem with IPO pops and the potential solution with SPACs

The speaker discusses the issue of IPO pops where the stock price increases dramatically on the first day of trading, which devalues the initial investment for early investors. The speaker introduces the idea of using Special Purpose Acquisition Companies (SPACs) as an alternative way to take companies public, providing a more elegant solution to the problem of IPO pops.

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