It’s happening slowly but surely. With every passing week, more venture firms are beginning to announce SPACs, or special purpose acquisition companies formed to raise capital through an IPO in order to acquire and thus take public other companies. The veritable blitz of SPACs formed by investor Chamath Palihapitiya notwithstanding, we’ve now seen a SPAC … Continue reading Why are VCs launching SPACs? Amish Jani of FirstMark shares his firm’s rationale