Tech
Over 66 SPACs were raised in 2020, according to PitchBook, up from 30 in 2019, amid a year of uncertainty that opened tech companies' eyes to an IPO alternative (Shakeel Hashim/Protocol)
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Shakeel Hashim / Protocol:
Over 66 SPACs were raised in 2020, according to PitchBook, up from 30 in 2019, amid a year of uncertainty that opened tech companies’ eyes to an IPO alternative — For many in the tech industry, 2020 was a year of two acronyms. There was COVID, obviously. And then there were SPACs.
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