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simulate-me | 3 years ago

It's easy to hate on SPACs. The duds brought to market were numerous. However, it was refreshing to see some new companies go public, which briefly reversed the trend of companies staying private for longer and longer. Rather than hate on SPACs, I would like to ask: has any company that went public via a SPAC been successful?

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jessaustin|3 years ago

Maybe you would have gotten some edifying responses if you had confidently declared "no such company has been successful"... even if you don't believe it, people like to contradict.

Even if the purchased firm were solvent after some elapsed time, that wouldn't necessarily mean the SPAC investors had made any money.