These initiatives, once a niche strategy aimed at improving a firm’s public image, have been thrust into the spotlight after 2020’s historic social movements. Does the VC community know what to do with them?
SPACs are continuing to raise record amounts of capital and beginning to hit their institutional stride in the US. Now Europe is catching on, and Jack Leeney of 7GC talks about what makes the market there unique.
VC managers are waking up to SPACs as an alternative to an offering model that has long been outdated. But a combination of traditional IPO, direct listing and staggered lock-up release could be a future offering model.