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Recent from Bloomberg Markets and Finance:
Bloomberg Markets and Finance published this video item, entitled “Tribe Capital’s Sethi on SPAC Structures, Cryptocurrencies” – below is their description.
Mar.05 — Tribe Capital Growth Corp I co-founder Arjun Sethi discusses special purpose acquisition companies (SPACs) and his views on cryptocurrencies with Bloomberg’s Dani Burger, Caroline Hyde and Taylor Riggs on “Bloomberg Markets: The Close.”Bloomberg Markets and Finance YouTube Channel
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In This Story: Special purpose acquisition companies
A special purpose acquisition company, is a “blank check” shell corporation designed to take companies public without going through the traditional IPO process. SPACs allow retail investors to invest in private equity type transactions, particularly leveraged buyouts. Find out more.