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> From the investors' side, SPACs are popular because they've been really successful! I don't have stats on this but just buying SPACs surely outperformed any i
by alwayseasy 6y ago
> From the investors' side, SPACs are popular because they've been really successful! I don't have stats on this but just buying SPACs surely outperformed any index in the last 5 years.
According to Goldman Sachs, SPACs actually underperform traditional IPOs and the market after their merger.
Source: https://www.barrons.com/articles/spacs-performance-ipo-merger-goldman-sachs-analysis-russell-2000-51596562450 https://www.barrons.com/articles/spacs-performance-ipo-merge...