So theres some small startup that seems maybe interesting, you're looking forward to investing when they go public.
Suddenly you hear they are going public through a SPAC. Why? Why aren't they going through the usual channels, crossing their eyes and dotting their tees? Laying everything out on the table so everyone can feel confident?
The very fact they are going for this SPAC backdoor is a HUGE red flag.
Suddenly you hear they are going public through a SPAC. Why? Why aren't they going through the usual channels, crossing their eyes and dotting their tees? Laying everything out on the table so everyone can feel confident?
The very fact they are going for this SPAC backdoor is a HUGE red flag.