Archive: everyday investor

The Disadvantages of a SPAC Investment

By Andy Gordon on January 20, 2021

Special purpose acquisition companies (SPACs) are enjoying their moment in the sun. They’ve shot into prominence as a way for startups to make an initial public offering (IPO) and join public stock exchanges. They offer founders unprecedented speed. And for some investors — more on that later — they can provide unique advantages.  There were double the number of SPAC IPOs in 2020 than there were in 2019. And for an extended…