Archive: SPAC


A Space Investment Worth Consideration

By Adam Sharp on November 23, 2021

Last week I found a space SPAC (special purpose acquisition company) that I think has big potential. The SPAC is dMY Technology Group (NYSE: DMYQ), and it will soon merge with Planet Labs. Planet Labs owns and operates a fleet of around 200 imaging satellites in low-earth orbit. These satellites are constantly imaging and analyzing the earth. Customers include farmers, who can use the near-real-time data to maximize their crop yields.
Full disclosure: I own a small amount of DWAC shares (.02 percent of portfolio investment). Note that this is a highly speculative investment and is already up a ridiculous amount. Do not construe this as financial advice.  On Thursday, former President Donald Trump launched a special…

The Real Problem with SPACs

By Andy Gordon on May 26, 2021

I’ve never hidden my disdain of special purpose acquisition companies (SPACs). As a refresher, SPACs are shell companies that attract investors and then go public in order to merge with a specific startup, thereby taking the startup public. I laid into them back in January in…

Startup Insider: How Startups Go Public

By Early Investing on April 29, 2021

For startup investors, a company going public is the holy grail. That’s when the relatively small amount of money they invested into a young company turns into (hopefully) big bucks. There are three paths startups can take to going public — initial public offerings (IPOs), direct…

Why SPACs are Good for Startup Investors

By Vin Narayanan on April 7, 2021

Have you ever been in a conversation or argument where you come up with the perfect response five minutes after the talk ends? It happens to me all the time. And I hate that empty feeling. You can’t return to the conversation to share your comeback or key…
The wrong kind of IPO is getting all the attention these days. And the right kind is being virtually ignored.  The much praised — but highly flawed — special-purpose acquisition company (SPAC) is the talk of the town right now. SPACs are shell companies that raise…

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…