Why Are SPACs So Popular?

Schwab Network

English - March 04, 2021 14:11 - 7 minutes - 33.2 MB - ★★★★★ - 23 ratings
News Commentary News Business News business news news commentary news Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed

Previous Episode: FuboTV (FUBO) CEO Talks Revenue

Next Episode: Lou Basenese: Everyone Is On High Alert Over Interest Rates For No Reason

Louis Cordone says that SPACs are essentially shell companies set up by investors to raise money as they can offer liquidity during market volatility. In addition, they offer a faster process compare to an IPO.