Is the 2020 SPAC boom an echo of the 2017 ICO craze?

by RJ Shara | Aug 3, 2020 | Fundings and Exit, Startups

I wished to compose an essay about Microsoft and TikTok today, due to the fact that I was effectively a full-time press reporter covering the software application giant when it hired Satya Nadella in 2014. But, everyone else has currently done that and, honestly, there’s a more pressing monetary topic for us to parse. Let’s take a minute to take stock […] Is the 2020 SPAC boom an echo of the 2017 ICO craze? Let’s take a minute to take stock of SPAC (special purpose acquisition companies) which have actually increased greatly to fresh prominence in current months. Understood as blank-check business, SPACS are firms that are sent public with a lot of money and the credibility of their backers. But that historical stigma isn’t stopping a circulation of SPACs taking private companies public this year. …