Despite a rocky start, climate tech is in a good position to tackle the rest of 2023
There are plenty of possible reasons why climate tech’s sudden stumble in Q1 2023 was merely a misstep and not the beginning of a downward spiral.
Getaround braves chilly public markets with SPAC combination
Why did Getaround go public, and why has the reaction to its SPAC combination been so negative, so quickly?
Circle and Footprint’s aborted debuts are the final nail in the SPAC coffin
Inside the twin SPAC cancellations making news this week, there is an interesting fact: Circle and Footprint both tried to amend their pricing, but it was not enough to get their deals done.
Faraday Future warns it may not be able to deliver its luxury EV
Electric vehicle startup-gone-SPAC Faraday Future has raised a going concern warning, per regulatory filings. The company said it has substantial doubt as to whether it would be able to continue opera
Bookending the blitz, Chamath Palihapitiya begins unwinding two SPACs
Nearly three years ago, a special purpose acquisition vehicle (SPAC) spearheaded by investor Chamath Palihapitiya took the space tourism company Virgin Galactic public. It was the first human spacefli
As US SPACs flounder, did Europe largely dodge a bullet?
Things have turned so sour for SPACs that it leaves us with a question: Why did anyone think that this was a good idea again?
Is there no bottom to the SPAC mess?
Recent news has us wondering whether there really is a bottom to the mess that SPAC-led debuts left all over the public markets. Then we want to know who is to blame. Thankfully, we have receipts.
As Deezer goes public via SPAC, is the blank-check boom really over?
Let’s chat through the results of the Deezer deal, how quickly the IPO market has changed more generally, and then drill into the European SPAC market in the wake of Deezer’s demonstrative debut.
New York-based grand jury issues subpoenas to Truth Social SPAC board members
Plans for a special purpose acquisition company (SPAC) merger for Donald Trump’s media group could have hit roadblocks with a New York-based federal grand jury sending subpoenas to members of the co
Bidding adieu to the SPAC craze
The implosion of the SPAC boom has proven a multiquarter process. We may be in the final throes of the experiment, at least from a startup perspective.
Electric Last Mile Solutions to file for bankruptcy
Commercial EV maker Electric Last Mile Solutions said Monday that it will file for bankruptcy, the first among a spate of troubled EV manufacturer SPACs to go out of business. Electric Last Mile Solut
As the pandemic wanes, VCs are investing less in health-focused startups
Riffing through CB Insights data regarding global VC investment into health tech, the word we came away with was "retreat."
Why EV startups should’ve hit the brakes before merging with a SPAC
The blank-check boom that made real many electric vehicle manufacturers' dreams of going public may be nearing a close.
Not all SPACs are garbage, and the power of teamwork
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The Station: TuSimple loses the driver, Nikola settles and transpo predictions for 2022
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello readers: Welcome to The Station
Are Nubank’s low IPO fees a sign of the times?
Fees on the Nubank IPO were among the lowest of the year. Could it also be a sign of some of the changes we are planning to track in 2022?
TechCrunch+ roundup: Palihapitiya on SPACs, inside Rivian’s IPO, BaaS pros talk shop
I have worked in startups for more than half of my life, and for most of that time, I was the only Black person in the room. As a result, the lack of representation in tech isn’t abstract to me. Bes
Chamath Palihapitiya speaks to SPAC concerns, from fees to disclosures to quality
It was almost exactly two years ago that a special purpose acquisition vehicle (SPAC) spearheaded by investor Chamath Palihapitiya took public the space tourism company Virgin Galactic. It was the fir
Lucid Motors kicks off market debut with EV factory expansion plans
The former Lucid Motors will expand its factory in Casa Grande, Arizona, by 2.7 million square feet and aims to ultimately produce 400,000 vehicles a year.
Lucid Motors’ SPAC merger approved after executives issue plea to shareholders to vote
Shareholders approved Friday EV startup Lucid Motors’ merger with special purpose acquisition company Churchill Capital IV, after the companies extended the deadline by one day because not enough re