Research shows that hundreds of SPACs are looking to acquire tech companies in the coming months, heating up competition for startups and inflating deal values (Wall Street Journal)
Wall Street Journal:
Research shows that hundreds of SPACs are looking to acquire tech companies in the coming months, heating up competition for startups and inflating deal values — ‘Blank check’ firms known as SPACs are in pursuit of America’s hottest startups. Is the invasion a sign of a market euphoria that can’t last?