SPACs: Why Are They On Fire Right Now?
Right now there's a major shift happening in how many private companies open themselves to public investment. More and more tech companies are abandoning the initial public offering (IPO) model in favor of merging with a special purpose acquisition company (SPAC) instead. In this segment, Corinne Cardina, the bureau chief of healthcare and cannabis for The Motley Fool, and Fool.com contributor Taylor Carmichael discuss the SPAC revolution and how investors can profit from this new model. This segment was recorded live on March 5.
Source Fool.com