Re: Investing-Deep Dive on SPACS.
I’ve been doing a deep-dive on the current SPAC phenomenon, which I call "SPAC Mania 2.0."
I’ll label the current wave “SPAC Mania 2.0” and compare it to “SPAC Mania 1.0” (roughly the period of 2005-2010). This thread encapsulates some of my findings/observations. Thoughts welcome.
First off, SPAC Mania 2.0 is much bigger. 2020 marked first year that SPAC IPOs meaningfully outpaced traditional IPOs, raising $83B. 2021 trends so far point to an…
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