A side note - I work for a company that is/was a SPAC several years ago. There is a ore case which could benefit SV/startup types of firms: the ability to make multiple small acquisitions and very rapidly create a larger business. In the case of the company where I work, several smaller consultancies were bought and gave us better ability to deliver a broad array of services to our clients. In SV tech companies, especially small ones that deliver more feature/function type tech rather than fully fledged businesses, this could allow them to merge and cooperate. If the founder of the SPAC buys the right businesses, this could be substantially better than the standard IPO or acquihire.
