Episode 13 - The Spectacular Rise and Macroeconomic Significance of SPACs

In this episode, host Dara Albright and guest, Doug Ellenoff, Member of Ellenoff Grossman & Schole LLP, discuss the spectacular rise of SPACs (Special Purpose Acquisition Companies) and how this 25 year-old financing mechanism is on the cusp of solving some of the macroeconomic problems caused by the dearth of public companies. Discussion highlights include:

• How SPACs have evolved and why it has taken over two decades for the SPAC to become a mainstream financing instrument;

• How SPACs are responding to concerns over companies staying private for far too long; 

• How new regulatory efforts to rein in on SPAC enthusiasm could end up frustrating capital formation; 

• The symbiotic relationship between fintech and SPACs;

• How crowdfunding is becoming today’s venture capital round as SPACs become the modern IPO;

• Sneak peek into what to expect at Dealflow’s upcoming annual SPAC Conference, the industry’s leading SPAC event since 2008.