Post Archive by Month

You Asked, So We’ll Answer   FOQ:  Why do I keep hearing about “SPACs”? Short: When celebrities like Shaquille O’Neill and Serena Williams get involved in an investment, it makes headlines. Long: It’s a new craze that’s getting a lot of attention. They were invented in the ‘90s, but recently, this happened: FOQ: So what is a SPAC? Short: Special Purpose Acquisition Company Long: They are “blank check” companies with no operating history, where the founders raise money from investors with the hope of one day finding another company to buy with that money. If a traditional IPO is a …