the Xchange: SPAC

https://www.wsj.com/articles/spacs-could-be-a-bubble-that-never-quite-pops-11603029780?st=x87iezs5ziuzr2r

Suppose you want to invest in a new company and you don’t have $1,000,000 in the cushions of your couch, what are you able to do? I realize most of you have the money under your bed but a few of you may not. The wave of SPAC is the answer for you. SPAC is a fund which gathers money and later looks for a young growing company. What are the advantages and disadvantages? Read on Jedi…

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Author: JavaExchange

Learner, Scholar, Economists

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