Two investors weigh in: Is your SPAC just a PIPE dream? | TechCrunch

Two investors weigh in: Is your SPAC just a PIPE dream?

A picture of a Dandelion in the wind, with a background of cool blue colours, blurred from the narrow pane of focus. Composition made in photoshop. (A picture of a Dandelion in the wind, with a background of cool blue colours, blurred from the narrow

SPACs have been around for decades, but they took the 2020 IPO market by storm. For some context: 2020 had more than 248 SPACs — more than the sum of the SPACs in the previous decade.