Going Public Circa 2020; Door #3: The SPAC
abovethecrowd.com
AUGUST 23, 2020
Below is a marketing email sent around by one of the participating investment banks after the recent nCino IPO (which was underpriced in record-setting fashion, 195% first day “pop” – “the biggest first-day surge since the 2000 tech bubble”). It has also been uncovered in email threads. This is backed up by academic research.
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