SPACs are here to stay, says former NYSE CFO Amy Butte

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  • CNBC Television published this video item, entitled “SPACs are here to stay, says former NYSE CFO Amy Butte” – below is their description.

    “I do think that we’re on the verge of what I call ‘SPAC 2.0’ which is a different way of doing SPACs,” Amy Butte, principal at Iron Spark and former chief financial officer of the New York Stock Exchange, told CNBC’s “Squawk Box” Monday. “SPACs are starting to disintermediate late-stage VC.”

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    In This Story: New York Stock Exchange

    The New York Stock Exchange is an American stock exchange at 11 Wall Street in the Financial District of Lower Manhattan in New York City. It is by far the world’s largest stock exchange by market capitalization of its listed companies at US$30.1 trillion as of February 2018.

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