> Anyone can IPO, but few earn money doing it. In the last 10 years, how many owners made any significant money IPO-ing through an SPAC?
If owners are holding stock (instead of say, options), then the only reason to IPO would be if they can sell the stock on the secondary market at a profit. They wouldn't need to IPO to raise capital, the VCs can offer that. So what would be event where such a SPAC IPO wouldn't make money for the founder?
If owners are holding stock (instead of say, options), then the only reason to IPO would be if they can sell the stock on the secondary market at a profit. They wouldn't need to IPO to raise capital, the VCs can offer that. So what would be event where such a SPAC IPO wouldn't make money for the founder?