Going Public Circa 2020; Door #3: The SPAC
abovethecrowd.com
AUGUST 23, 2020
The traditional way of going public is systematically broken and is robbing Silicon Valley founders, employees, and investors of billions of dollars each year. Most of these companies are about 20% employee owned, so that is $3B right out of employees pockets. Door #1: The Structurally Broken IPO Process. And there are only two.
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