3 ms·
On the surface SPACs are a bad idea for investors (as many have outlined below). But in a world where companies are spending more on customer acquisition (SG&A
by amoorthy 5y ago
On the surface SPACs are a bad idea for investors (as many have outlined below). But in a world where companies are spending more on customer acquisition (SG&A cost as a percentage of sales is ~50% for most SaaS companies) could it be that the hype/marketing that comes from SPAC promoters has material savings in the year the SPAC goes public?
Might be a stretch as your customers may not be following SPAC promoters or be listening to CNBC all the time but there may be some value we are underestimating.