Economist Radio
Economist Radio
Mar 9, 2021
Money Talks: SPAC to the future
Play • 26 min

Special-purpose acquisition companies are Wall Street’s latest craze, attracting everyone from celebrities to retail investors. An alternative to the traditional IPO, SPACs could transform tech investing and supercharge innovation. They are even shaping the post-Brexit battle to be Europe’s financial capital. But are these “blank-cheque firms” a mania, a useful innovation, or both? Simon Long hosts.


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