5 ms·
The opposite is also true, many startups have come out of the woodworks during the COVID market craze to go public because the money is there (SPACs are the ext
by flyinglizard 5y ago
The opposite is also true, many startups have come out of the woodworks during the COVID market craze to go public because the money is there (SPACs are the extreme example).
- someguydave 5y agoI think the political writing on the wall is that the legal barriers are going to be lowered for entering the public market. So Sequoia and others are going to need to market themselves to founders as an alternative to going public.
- papito 5y agoAn SPAC is nothing but a fraud vehicle. Look at the new SPAC driving the new Trump "social network". They didn't have to do any work. No due diligence, no financial disclosures, no business plan, no numbers - nothing. After a few iterations of this and billions sucked up by these conmen, the government will have to step in and clamp down, while the conmen (and probably HN) bleat about "big government", "regulations", and "socialism".