Interesting points for the take on the Grab SPAC merger.
So far, I still think SPACs are schemes that reward sponsors disproportionately and provide a short cut to the traditional IPO scrutiny…
Interesting points for the take on the Grab SPAC merger. Hopefully they will show case a good use case for upcoming startups in emerging markets.
So far, I still think SPACs are schemes that reward sponsors disproportionately and provide a short cut to the traditional IPO scrutiny, which results in shadier companies going public (e.g. Nikola) But there are a handful of companies that are doing well such as DraftKings. Grabs case will definitely be a pivotal case for SPACs moving forward.