Podcasts about special purpose acquisition company

En este episodio, conversamos sobre la salida a bolsa de Reddit y de Truth Social. Reddit por medio del camino mas tipico de un IPO, 'Initial Public Offering', mientras que la red de Trump lo hace por medio de un SPAC, 'Special Purpose Acquisition Company'. En que se diferencia un IPO de un SPAC? cuales son las ventajas de cada uno, y por que Reddit escogio uno y Trump el otro? Tambien hablamos de las valoraciones de estas dos empresas, su sostenibilidad, y quienes son los inversionistas que estan comprando estas acciones. Conoce más en https://www.insightswm.com/

He did it again. The Donald pulled off yet another miracle by taking his (failing) social media platform public. The deal had been in the works for a while and looked DOA last year. But it was revived recently and when it hit the Nasdaq this week it added billions to Trump's net worth and gave him an immediate cash infusion that will likely prevent him having to sell assets to make the (reduced) bond in his civil fraud case. The wealthy in this country truly operate under different rules. The mechanism Trump used to take a losing company public quickly and with relative ease compared to normal IPOs is called a SPAC, or Special Purpose Acquisition Company. SPACs gained a lot of attention a few years back before basically imploding as regulators frowned upon them and investments fizzled. As quickly as they gained prominence, they flamed out and were basically revealed to be scams. But it didn't stop the biggest SCAM artist in the world from packaging up his SCAM social media platform inside a SCAM financial vehicle. God bless 'Murica. Chapters Intro: 00:00:38 Chapter One: 00:07:01 Chapter Two: 00:17:57 Chapter Three: 00:26:44 Post Show Musings: 00:26:$4 Resources New York Times: Why Only One Top Banker Went to Jail for the Financial Crisis Morningstar: How to Lose Money: Buy Digital World Acquisition Corp. SPACInsider: Benessere Capital Acquisition Corp. (BENE) to Liquidate Trust SPAC Insider: Executive Drama at Digital World Acquisition Corp. (DWAC) Provides New Source of Risk  Financial Review: Meet the Brazilian ‘prince', Luiz Philippe de Orléans e Braganza, backing Donald Trump's media venture  Investment Adviser Public Disclosure: Brian C. Shevland CBS News: Trump's Truth Social is losing money and has scant sales. Yet it could trade at a $5 billion value. Mizuho Insights: The SPAC Roller Coaster – Is a Renaissance Coming? Fast Company: DWAC says Truth Social won't be profitable 'for the foreseeable future' as investors eye risky SPAC merger Bloomberg Law: SEC Imposes New Rules on Blank-Check Deals as SPACs Fizzle (3) US News: What Is a SPAC? 6 Best SPACs to Invest In Yahoo Finance: Chamath Palihapitiya's Crumbling SPAC Empire: Where His Top 5 Deals Are Today  Casetext: Shevland v. Orlando, 629 F. Supp. 3d 1252 -- If you like the pod version of #UNFTR, make sure to check out the video version on YouTube where Max shows his beautiful face! www.youtube.com/@UNFTR Please leave us a rating and review on Apple Podcasts: unftr.com/rate and follow us on Facebook, Twitter and Instagram at @UNFTRpod. Visit us online at unftr.com. Join the Unf*cker-run Facebook group: facebook.com/groups/2051537518349565 Buy yourself some Unf*cking Coffee® at shop.unftr.com. Subscribe to Unf*cking The Republic® at unftr.com/blog to get the essays these episode are framed around sent to your inbox every week. Check out the UNFTR Pod Love playlist on Spotify: spoti.fi/3yzIlUP. Visit our bookshop.org page at bookshop.org/shop/UNFTRpod to find the full UNFTR book list, and find book recommendations from our Unf*ckers at bookshop.org/lists/unf-cker-book-recommendations. Access the UNFTR Musicless feed by following the instructions at unftr.com/accessibility. Unf*cking the Republic® is produced by 99 and engineered by Manny Faces Media (mannyfacesmedia.com). Original music is by Tom McGovern (tommcgovern.com) and Hold Fast (holdfastband.com). The show is written and hosted by Max and distributed by 99. Podcast art description: Image of the US Constitution ripped in the middle revealing white text on a blue background that says, "Unf*cking the Republic®."Support the show: https://www.buymeacoffee.com/unftrSee omnystudio.com/listener for privacy information.

A SPAC, also known as a "blank check company" is where an IPO is established to raise cash for a future merger with a private company with great growth potential. This podcast defines, Examples are given and guidelines are discussed for investment decisions. The BCI Package is highlighted at the end of the podcast: https://thebluecollarinvestor.com/minimembership/bci-investor-program/ Premium Membership: ⁠https://www.thebluecollarinvestor.com/membership/⁠ ----- Best Discounted Packages: 1. BCI Package, our Best and most Comprehensive Investment package: ⁠ https://thebluecollarinvestor.com/minimembership/bci-investor-program/⁠ 2. TCM Package - BCI Trade Management System: ⁠https://thebluecollarinvestor.com/minimembership/bci-trade-management-system/⁠ 3. CEO Package - Includes TMC Package: ⁠https://thebluecollarinvestor.com/minimembership/ceo-package/⁠ ------- SEE BCI COURSE & PRODUCTS : ⁠https://thebluecollarinvestor.com/store/⁠ FIND BCI ON AMAZON ⁠http://amzn.to/Nx2Zqk

In this episode, CII General Counsel Jeff Mahoney interviews Andrew F. Tuch, Professor of Law at Washington University in St. Louis. Professor Tuch is the author of a recent research paper entitled "Fairness Opinions and SPAC Reform."

We continue our Carbon Frontiers series this week with John Dowd. John is the CEO of GoGreen Investments, a Special Purpose Acquisition Company helping private companies working on solutions to climate change raise funds on Wall Street. Before joining GoGreen, John managed multi-billion dollar portfolios at Fidelity Investments and co-led the Fidelity Energy Research Team. SmarterMarkets™ host David Greely sits down with John to discuss how to successfully and responsibly invest in the energy transition. David and John also explore GoGreen's investment in mining the battery metals needed to decarbonize our energy system.

With a background as a trauma nurse and experience running clinical research programs, Stacey Pugh brought quite a bit of patient-focused experience with her when she shifted to industry. After several roles in the neurovascular space, now she's leading the charge at Endogenix, which is using pulsed electric fields to treat Type 2 Diabetes. She and host, Geoff Pardo, talk about a medical officer's first experience doing sales, the challenges in affecting change management in primary care, funding businesses with SPACs, and more.  Medtech Talk Links:  Cambridge Healthtech Institute   Medtech Talk  Gilde Healthcare  Endogenex 

Do you ever wish you had a manual for what to say in certain situations? Cultural Awareness powerhouses Kenji Yoshino and David Glasgow's Say the Right Thing: How to Talk About Identity, Diversity, and Justice describes itself as “a practical, shame-free guide for navigating conversations across our differences at a time of rapid social change.” While we navigate a significant time of divisiveness and unrest, conversations about identity are becoming more frequent, but also arguably more complex. When discussing subjects such as critical race theory, gender equity in the workplace, and LGBTQ-inclusive classrooms, many of us with good intentions may find ourselves fearful of saying the wrong thing and hurting someone or being misunderstood. That fear can sometimes prevent us from speaking up at all, which can have the detrimental effect of stalling progress toward a more just and inclusive society. As founders of the Meltzer Center for Diversity, Inclusion, and Belonging at NYU School of Law, Yoshino and Glasgow share a goal of showing potential allies that these conversations don't have to be so overwhelming. Through stories drawn from social media posts, dinner party conversations, and workplace disputes, they offer seven user-friendly principles that are supported by research and teach skills like avoiding common conversational pitfalls, engaging in respectful disagreement, offering authentic apologies, and better supporting the people in our lives who experience bias. Say the Right Thing seeks to encourage us away from cancel culture and shame toward more meaningful and empathetic dialogue on issues of identity on both large and small scales. Whether managing diverse teams at work, navigating issues of inclusion at college, or challenging biased comments at a family barbecue, Yoshino and Glasgow may help us move from unconsciously hurting people to consciously helping them. Kenji Yoshino is the Chief Justice Earl Warren Professor of Constitutional Law at NYU School of Law and the director of the Meltzer Center for Diversity, Inclusion, and Belonging. A graduate of Harvard (AB summa cum laude), Oxford (MSc as a Rhodes Scholar), and Yale (JD), he specializes in constitutional law, antidiscrimination law, and law and literature. Yoshino taught at Yale Law School from 1998 to 2008, where he served as Deputy Dean and the inaugural Guido Calabresi Professor of Law. He is the author of three books: Covering: The Hidden Assault on Our Civil Rights; A Thousand Times More Fair: What Shakespeare's Plays Teach Us About Justice; and Speak Now: Marriage Equality on Trial. Yoshino has published in major academic journals, including the Harvard Law Review, the Stanford Law Review, and the Yale Law Journal, and has written for the Los Angeles Times, the New York Times, and the Washington Post. He makes regular appearances on radio and television programs, such as NPR, CNN, PBS and MSNBC. He has won numerous awards for his scholarship and teaching, including the American Bar Association's Silver Gavel Award in 2016 and the Podell Distinguished Teaching Award in 2014. David Glasgow is the executive director of the Meltzer Center for Diversity, Inclusion, and Belonging and an adjunct professor of law at NYU School of Law. In his role at the Meltzer Center, he develops and executes educational programs on diversity and inclusion for internal and external clients, coordinates a speaker series and other events on contemporary diversity and inclusion issues, and manages the center's general operations. He has co-taught courses at the Law School on leadership, diversity, and inclusion, and co-authored a book with Kenji Yoshino, Say the Right Thing: How to Talk about Identity, Diversity, and Justice. David graduated with a BA in philosophy and an LLB (First Class Honors) from the University of Melbourne, and a Master of Laws (LLM) from NYU School of Law, where he received the David H. Moses Memorial Prize and the George Colin Award. Prior to joining the Meltzer Center, he practiced employee relations and anti-discrimination law in Melbourne, Australia, and then served as an Associate Director of the Public Interest Law Center at NYU School of Law. Jane Park is the CEO of Athena Consumer, an all women founded Special Purpose Acquisition Company, as well as CEO and Founder of Tokki, a social & sustainable giftwrap company. Prior to founding Tokki, Ms. Park was the CEO and Founder of Julep, an on-line first beauty brand now distributed nationally at Ulta stores as well as on QVC and Nordstrom. Ms. Park was also an executive at Starbucks in the New Ventures division where she launched new consumer businesses. She was also a leader at the Boston Consulting Group in the Retail and Consumer Goods practice group, and a founding director of the CEO Forum for Education and Technology with luminaires such as Steve Jobs (CEO Apple) and Eckhard Pfeiffer (CEO Compaq). Ms. Park serves on the Board of Directors of Athena Consumer, Glo Beauty, and the Washington State Opportunity Scholarship, and regularly appears on television as well as consumer, technology, and women's leadership conferences.  She is a graduate of the Princeton School of Public Policy and International Affairs and Yale Law School. Say the Right Thing: How to Talk About Identity, Diversity, and Justice Third Place Books

A special purpose acquisition company is a company without commercial operations and is formed strictly to raise capital through an initial public offering for the purpose of acquiring or merging with an existing company. Also known as blank check companies, SPACs have existed for decades, but their popularity has soared in recent years. In 2020, 247 SPACs were created with $80 billion invested, and in 2021, there were a record 613 SPAC IPOs. By comparison, only 59 SPACs came to market in 2019 SPACs are commonly formed by investors or sponsors with expertise in a particular industry or business sector, and they pursue deals in that area. SPAC founders may have an acquisition target in mind, but they don't identify that target to avoid disclosures during the IPO process.

In this episode, we have the great pleasure of talking to Dennis Muilenburg. Dennis needs no introduction, but let's highlight a few of his accomplishments – before his current role as CEO and Chairman of the Board of New Vista Acquisition Corporation, a Special Purpose Acquisition Company – or SPAC – Dennis was CEO and Chairman of the board of Directors at The Boeing Company, where he started as an engineering intern in 1985.In his close to 40 years of experience in aerospace and defense, Dennis has seen it all: from engineering and program management of advanced civil and future combat systems (including the F-22, Airborne Laser, the Condor reconnaissance aircraft, and High Speed Civil Transport)…to leading the development and implementation of operational and growth initiatives across the Boeing enterprise. Relevant to our discussion today, Dennis led the formation of Boeing Horizon X, an innovation arm focused on startup investments in high growth areas of autonomy, propulsion, cybersecurity, space systems, computing, advanced air mobility, advanced materials, and a few others. Given his deep aerospace roots, his visionary mindset, and the fact that he ran a company that has had a dramatic impact on humanity, we asked Dennis to talk about the aviation industry (including advanced air mobility) from a strategic perspective, and to give the entrepreneurs in our audience a taste of what it's like to run a global aerospace company. Listen to what Dennis considers the key geostrategic forces acting on aviation, how new technologies could change the distribution of profits along the aviation value chain, the role of autonomy, and how the convergence of mega markets and mega technology trends set the stage for the most innovative decade in the history of aviation. We also discuss the potential for near term use cases in advanced air mobility such as drone delivery to revolutionize logistics and e-commerce. Lastly, Dennis shares invaluable advice to entrepreneurs on how to navigate the aerospace industry and build a culture of courage and humility.

Sheppard Mullin's Restructure THIS! podcast explores the latest trends and controversies in chapter 11 bankruptcy, commercial insolvency and distressed investing. In this episode, Sheppard Mullin partner and former Illinois Assistant Attorney General Bill Kane joins host Justin Bernbrock to discuss current trends in Special Purpose Acquisition Company (“SPACs”) deals, including how a cooling economy creates the potential for more SPAC-related litigation and how an uptick in such litigation could ultimately result in more restructuring activity.   What We Discussed In This Episode:   What's behind the recent surge in the popularity of SPACs? What are some common issues you're seeing emerge in regards to SPAC litigation? How could the overall cooling of financial markets impact disputes over SPAC investments? Which SPAC-related claims are most likely to succeed and which are not? Going forward, what do you see for restructuring professionals concerning SPACs?   About Bill Kane As a partner in Sheppard Mullin's Chicago litigation group, Bill Kane's national litigation practice focuses on complex commercial litigation and advice across industry sectors in corporate governance, director and officer issues, shareholder rights, media/entertainment and regulatory issues. He has more than 30 years of experience representing clients before trial and appellate courts, administrative agencies, private mediations and arbitrations. Bill previously served as an Assistant Attorney General in the Illinois Attorney General's office where he represented the legislative, executive, and judicial branches of state government.    He actively represents clients in contract disputes, business tort claims, antitrust, and consumer protection issues. Bill further has experience in Special Purpose Acquisition Company or SPAC litigation. In addition to his experience in SPAC-related litigation, Bill also represents clients in contract disputes, business tort claims, antitrust and consumer protection issues. His practice includes representing private equity investors, along with directors and officers in partnership and shareholder litigation.   About Justin Bernbrock Justin Bernbrock is a partner in the Finance and Bankruptcy Practice Group in Sheppard Mullin's Chicago office, where he focuses on all aspects of corporate restructuring, bankruptcy and financial distress. He represents clients across a wide range of matters, including debtor and creditor representations. He has substantial experience in out-of-court and in-court restructurings, primarily in the Southern District of New York, Eastern District of Virginia, District of Delaware and Southern District of Texas.    Contact Information Bill Kane   Justin Bernbrock   Thank you for listening! Don't forget to SUBSCRIBE to the show to receive every new episode delivered straight to your podcast player every week.   If you enjoyed this episode, please help us get the word out about this podcast. Rate and Review this show in Apple Podcasts, Amazon Music, Google Podcasts, Stitcher or Spotify.  It helps other listeners find this show. This podcast is for informational and educational purposes only. It is not to be construed as legal advice specific to your circumstances. If you need help with any legal matter, be sure to consult with an attorney regarding your specific needs.

Die SPAC hat in den letzten Jahren immer mehr Interesse erregt. Ist sie nur ein Hype oder bietet sie echte Chancen? Das verrät SPAC-Experte Stefan Nolte in diesem Podcast! Er erklärt, warum die Special Purpose Acquisition Company für SPAC-Sponsoren und Investoren interessant ist. Einzelheiten zum genauen Ablauf nimmt er genauso unter die Lupe wie Risiken und Möglichkeiten zu ihrer Minimierung. Auch für Unternehmer, die mit dem Gedanken an einen Börsengang spekulieren, ist die SPAC eine echte Alternative. Erfahren Sie hier, warum und worauf Sie als Unternehmer oder Investor achten müssen.

Comme discuté dans certains billets précédents, les SPACs (ou Special Purpose Acquisition Company en anglais) ont eu le vent dans les voiles ces deux dernières années. Toutefois, une nouvelle récente sur une des SPAC médiatisées remet en question l'utilité et les risques associés derrière ce véhicule financier. Avec aujourd'hui, un peu de recul, faisons le point sur ceux-ci ainsi que leur performance globale.https://daytradercanada.com/billet-boursier/le-talon-dachille-des-spac-mis-en-lumiere/

In this episode, CII Legal Intern Alvaro Reyes interviews Ryan Wilson, a Professor of Accounting at the University of Iowa. Professor Willson is the co-author of a recent research paper entitled "Not Ready for Primetime: Financial Reporting Quality After SPAC Mergers."

Tony DiMatteo and co-founder Matthew Clemenson looked for something that was inevitable in technology to become the category king.7 years ago, they started what is now Lottery.com and took it public via a SPAC. Publicly traded as LTRY Lottery.com allows app users to legally purchase and redeem lottery tickets seamlessly on their phones.But the journey was not all smooth sailing.Going public has its own unique challenges that Tony says cannot be described with words. It's an entirely different world for entrepreneurs. For one, your primary goal becomes serving your shareholders. But it has its own benefits too.In this episode, Tony shares the journey of getting lottery.com to where it is and his big vision for the company.Tune in and enjoy!Key Takeaways- What is lottery.com (02:32)- When Tony first realized he was an entrepreneur (04:42)- Launching at a pitch competition (11:55)- Going public in a unique way (13:32)- Challenges of going public (16:57)- The business model of Lottery.com and future plans (22:06)- The inevitability of technology (24:10)Additional Resources Lottery.com-------You can find the transcripts and more at http://bizninjaradio.comBe sure to follow me on Instagram @bizninja---Subscribe to the podcast on Apple, Spotify, Google, Stitcher, YouTube, or anywhere else you listen to your podcasts.If you haven't already, please rate and review the podcast on Apple Podcasts!

Join Embarkers Adam Olsen, Sarah Cage Richter, Chase Anderson, and Jana Gregory for a look at the current SPAC market, where it's been trending lately, and how the proposed disclosure requirements from the SEC would impact reporting at the IPO and de-SPAC stages.For more information on SPACs: SPACs: What's a Special Purpose Acquisition Company? Proposed SEC SPAC Disclosure Rules Connect with Embark on: LinkedIn Instagram Twitter Facebook YouTube Listen to Accounting Matters on Apple Podcasts, Google Play, and Spotify.

When Toby first raised this as a podcast topic, I was immediately taken back to a phrase that my mother would use when I'd misbehaved, but it turns out Toby was talking about something completely different.What Toby was talking about was an alternative investment vehicle for targeted acquisition(s). According to Dr. Google, A SPAC  (Special Purpose Acquisition Company) is a company that has no commercial operations and is formed strictly to raise capital through an initial public offering (IPO) or the purpose of acquiring or merging with an existing company.Disclaimer: Now Toby and I will never claim to be experts in this particular topic, so consider this episode more of an exploration of our knowledge to date....ie: not a lot.But we do think it's an interesting topic and it is certainly getting more favor in North America and Middle East markets and could soon be appearing on the Australian stock exchange.So what you will hear in today's podcast is our novice views on SPACS and a call out to anyone who can add to this topic to reach out and perhaps come on a future podcast as our guest.Any takers out there? 

The UAE's Ministry of Economy (MoE) has approved a policy that allows suppliers to revise pricing of basic consumer goods. Will it change consumers' buying habits and trends? Tom Harvey of Spinneys explains the new policy. ADQ and private investment firm Chimera Investments have set up the UAE's first special purpose acquisition company (Spac) with the aim of investing in tech-focused businesses. Mohamed Hesham, Head of Investment Banking at Chimera Capital talks us through it. And it's our weekly property talk for this week: Dubai's real estate market records its best start to the year ever, says CBRE. John Lyons, MD at Espace Real Estate joins us to answer all of your property questions. See omnystudio.com/listener for privacy information.

The SPAC market has exploded in the last couple of years. Many growth company CEOs are being contacted by a number of SPACs. These CEOs need to consider whether the SPAC is the right vehicle for the next phase of growth and just as importantly how to choose the right SPAC to partner with.Michael is a seasoned executive with a track record of driving growth and strategic change through organic and inorganic investment/expansion.  He is a Founder/Managing Partner of Trajectory Capital, an investment firm focused on disruptive technologies in large addressable markets.  He is also President and CFO of Trajectory Alpha, a NYSE-listed (ticker: TCOA) special purpose acquisition company (SPAC).Michael has held corporate development, strategy and general management leadership roles in global technology, information services and professional services companies including VeriSign, LexisNexis Group, IRI, GE Capital and Deloitte.Michael holds a BA, MA, JD and MBA from the University of Chicago.  Michael is a frequent speaker on corporate growth and innovation.  He is the author of three books and numerous articles on innovation, M&A and strategic transactions.  Michael has served on public and private corporate boards as well as the Alumni Board of Governors at the University of Chicago.  Michael lives in the New York area with his wife and daughter.You can read and hear more from Michael at www.michaelfrankel.com

In this episode, CII General Counsel Jeff Mahoney interviews John C. Coates, the John F. Cogan Professor of Law and Economics at Harvard Law School. Professor Coates is the author of a recent research paper entitled "SPAC Law and Myths."

Preparing for an IPO goes miles past ‘dotting every i and crossing every t.' Or at least it should. Because the road to IPOville is full of twists, turns, potholes, and detours, a notion we discuss at length in this second episode of our IPO series. So join Embarkers Adam Olsen, Sarah Cage Richter, and Jason Larkin for a discussion on all things IPO readiness and ensuring your organization is ready for those bright public entity lights.For more information on IPO readiness and related topics: The Ultimate Pre-IPO Handbook For Accounting & Finance IPO Readiness: Accounting Challenges You May Face When Going Public Assembling the Teams & Advisors You Need When Preparing for an IPO SPACs: What's a Special Purpose Acquisition Company? What is SOX Compliance? Requirements, Controls, Audits, & More Connect with Embark on: LinkedIn Instagram Twitter Facebook YouTube Listen to Accounting Matters on Apple Podcasts, Google Play, and Spotify.

You may have heard about SPACs or a Special Purpose Acquisition Company. In this episode we will discuss:1. What is a SPAC and why do they exist?2. How do SPACs work?3. Why are SPACs called Blank Check companies?4. What is the difference between a SPAC and an IPO?ACap Advisors & Accountants is a financial advisor and CPA firm located in Los Angeles, California. We are a full service wealth management and CPA firm. Schedule a Consultation:https://www.acapam.com/contact/12031 Ventura Blvd., Suite 1Studio City, California 91604(818) 272-8511hello@acapam.com

The IPO is one of the biggest, brightest, brashest stars in the financial galaxy, the fodder for countless movies, books, op-ed pieces, and confused grimaces. It's that last one we're targeting with this first of five episodes in our IPO series, where Embarkers Adam Olsen, Sarah Cage Richter, Jason Larkin, Chase Anderson, and Jana Gregory walk you through an IPO overview, discussing the basics every business must know before setting sail on the public entity seas. What is an IPO? Why do companies go public? The regulatory environment – The 1933 and 1934 Acts, SOX, and JOBS Today's IPO market – statistics, trends, ‘traditional' vs. ‘alternative' IPO paths The different types of issuers and filers For more information on the IPO process and related topics: IPO Readiness: Accounting Challenges You May Face When Going Public Assembling the Teams & Advisors You Need When Preparing for an IPO SPACs: What's a Special Purpose Acquisition Company? What is SOX Compliance? Requirements, Controls, Audits, & More Connect with Embark on: LinkedIn Instagram Twitter Facebook YouTube Listen to Accounting Matters on Apple Podcasts, Google Play, and Spotify.

SPAC stands for Special Purpose Acquisition Company. I look at pre-merger SPACs, those that have not closed on a business transaction as a stock that is fixed-income like, says David Sherman of CrossingBridge Advisors. David explains SPAC liquidation dates, redemptions, and how to find yield opportunities. He stresses the importance of the redemption date. He discusses their pre-merger SPAC ETF (SPC) and how they manage it. Tune in for the full discussion on how to choose a SPAC.

In this episode, CII General Counsel Jeff Mahoney interviews Michael Klausner, the Nancy and Charles Munger Professor of Business and Professor of Law, at Stanford Law School. Last year, Professor Klausner co-authored a research paper entitled “A Sober Look at SPACs.” Based on research from January 2019 through June 2000, the paper found three disconcerting features of special purpose acquisitions companies: (1) SPAC shares were highly dilutive; (2) the post-merger performance of SPAC shares were quite low; and (3) SPAC sponsors' returns were extraordinarily high.

In this episode, CII General Counsel Jeff Mahoney interviews Daniel J. Taylor, Associate Professor of Accounting at The Wharton School of the University of Pennsylvania. On November 10th Professor Taylor, together with over 30 other accounting and financial economics scholars, filed a memorandum as amici curie in the United States District Court for the Southern District of New York in the case of George Assad versus E.Merge Technology Acquisition Corp. 

Trump Media & Technology Group recently announced their SPAC merger (Special Purpose Acquisition Company) with DWAC (Digital World Acquisition Corp). This will be the launch of Donald Trump's own Truth Social, a social media platform that will rival the liberal media consortium and fight back against big tech. The tech stack is built on an open-source version of Twitter called Masterdon. WeWork have completed their own SPAC, which was at a vastly different valuation to their initial IPO attempt in 2019. This time, going for a market cap of $9B as opposed to a target of $47B. The key differences are: they aren't positioning themselves as a tech company, and they've removed their largest deadweight: Adam Neumann. Is Pinterest (PINS) being acquired by Paypal (PYPL)? This could be a major play in terms of creating a new tech giant, combining a globally recognisable payments system with the perfect media distribution front-end for online shopping. Polymath (POLY / POLYX) combines web3.0 verifiability technology with financial securities. Providing a self-service toolkit, allowing organizations to issue digital tokens representing assets such as property, debt, and equity (stocks). There's no lack of action along the way with a pro Hockey player in the C-suite, a founder arrested on assault charges, and Charles Hoskinson (ETH Co-Founder) working on their newest project. The THREE HOTTEST UNICORNS Divvy Homes, allow tenants' ordinary rent payments to contribute towards owning their first home. And the best part is, they don't need a huge deposit. Lemon.io is a startup that started as "Uber for developers", but have recently switched to a model where you can hire Eastern European developers who are pre-vetted by Lemon, giving Startups access to cheap coding labor. Finally, Nostromo makes roof-mounted ice bricks, and aim to make the best use of solar panels, without needing lithium-ion batteries to store energy. The ice bricks are used to provide cold water to commercial air-conditioning systems.

What is a SPAC or Special Purpose Acquisition Company? We explain it in 5 minutes or less. Every week we pick an investing or business concept and explain it in a refreshingly simple way. This is our 'Simple Sprouts' series. In this episode we cover: What is a SPAC The recent trend in SPACs The steps for a SPAC to acquire a company Why companies choose to be acquired by a SPAC rather than IPO Check out our new Substack Newsletter! Sent straight to your inbox, it's a great way to read our company breakdowns in 5 minutes. Leave us a Review! If you enjoy listening to the podcast, we'd love for you to rate us 5-stars on iTunes / Apple Podcasts. Here's a link to leave a review right now :). Take our survey and let us know how we're doing. Have a concept you want to be explained? Send them to freshcapitalpodcast@gmail.com All information contained in this podcast is for education and entertainment purposes only. It is not intended as a substitute for professional financial, investment, legal or tax advice. The hosts of Fresh Capital are not financial professionals and are not aware of your personal financial circumstances. Any opinions expressed herein are not recommendations or advice. Please consult a licensed financial professional before you invest. For more information visit our website at https://www.freshcapital.media/

Special purpose acquisition companies (or SPACs) aren't entirely new, but they've made headlines in 2020 and 2021. SPACs take funds from investors in order to buy or merge with another company. They're sometimes called “blank check” companies because it's as if investors are giving the companies a blank check to buy whatever sort of business they want. Until a merger is announced, investors in a SPAC don't know exactly what they're buying or trading.In this episode, Mark Riepe interviews Schwab's chief investment strategist, Liz Ann Sonders. Mark and Liz Ann discuss how SPACs work, how SPACs compare to the traditional IPO process, and whether they are right for you as an investor. Subscribe to Financial Decoder for free on Apple Podcasts or wherever you listen.Financial Decoder is an original podcast from Charles Schwab. For more on the series, visit Schwab.com/FinancialDecoder.If you enjoy the show, please leave us a rating or review on Apple Podcasts. Important Disclosures:The information provided here is for general informational purposes only and should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned here may not be suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decision. All expressions of opinion are subject to change without notice in reaction to shifting market conditions. Data contained herein from third-party providers is obtained from what are considered reliable sources. However, its accuracy, completeness or reliability cannot be guaranteed. Supporting documentation for any claims or statistical information is available upon request.Whether you are investing in a SPAC by participating in its IPO or by purchasing its securities on the open market following an IPO, you should carefully read the SPAC's IPO prospectus as well as its periodic and current reports filed with the SEC pursuant to its ongoing reporting obligations.Examples provided are for illustrative purposes only and not intended to be reflective of results you can expect to achieve.Investing involves risk including loss of principal.Past performance is no guarantee of future results and the opinions presented cannot be viewed as an indicator of future performance.Indexes are unmanaged, do not incur management fees, costs and expenses and cannot be invested in directly. For more information on indexes please see www.schwab.com/indexdefinitions. (1121-1G8P)

Special purpose acquisition companies (or SPACs) aren't entirely new, but they've made headlines in 2020 and 2021. SPACs take funds from investors in order to buy or merge with another company. They're sometimes called “blank check” companies because it's as if investors are giving the companies a blank check to buy whatever sort of business they want. Until a merger is announced, investors in a SPAC don't know exactly what they're buying or trading.In this episode, Mark Riepe interviews Schwab's chief investment strategist, Liz Ann Sonders. Mark and Liz Ann discuss how SPACs work, how SPACs compare to the traditional IPO process, and whether they are right for you as an investor. Subscribe to Financial Decoder for free on Apple Podcasts or wherever you listen.Financial Decoder is an original podcast from Charles Schwab. For more on the series, visit Schwab.com/FinancialDecoder.If you enjoy the show, please leave us a rating or review on Apple Podcasts. Important Disclosures:The information provided here is for general informational purposes only and should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned here may not be suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decision. All expressions of opinion are subject to change without notice in reaction to shifting market conditions. Data contained herein from third-party providers is obtained from what are considered reliable sources. However, its accuracy, completeness or reliability cannot be guaranteed. Supporting documentation for any claims or statistical information is available upon request.Whether you are investing in a SPAC by participating in its IPO or by purchasing its securities on the open market following an IPO, you should carefully read the SPAC's IPO prospectus as well as its periodic and current reports filed with the SEC pursuant to its ongoing reporting obligations.Examples provided are for illustrative purposes only and not intended to be reflective of results you can expect to achieve.Investing involves risk including loss of principal.Past performance is no guarantee of future results and the opinions presented cannot be viewed as an indicator of future performance.Indexes are unmanaged, do not incur management fees, costs and expenses and cannot be invested in directly. For more information on indexes please see www.schwab.com/indexdefinitions. (1121-1G8P)

The cryptocurrency market is soaring to new heights with Bitcoin as the pilot. Bitcoin hit an all time new record of nearly 67- thousand US dollars last week, but why? And how long will the surge continue? We'll discuss with Assistant Professor in the Department of Economics and Business at Lehman College, Dr. Sean Stein Smith, and Assistant Professor at ESE Business School, Hugo Benedetti. And THE ANALYSTS weigh in on the latest market developments…Supreme Ventures is reporting a 50% decline in its third quarter net profits when compared to the previous year. In the US… Monster Beverage has topped its Q2 Earnings and Revenue Estimates. And Former US President Donald has announced a deal to list Trump Media & Technology Group through what's known as a SPAC, or a Special Purpose Acquisition Company setting off frenzy on Wall Street. We'll discuss LET'S GET THIS MONEY! ****************** OUR SEGMENTS: 1:21 - What's Hot in Business 8:05- Discussion 30:54 - Market Recap 33:28- The Analysts --- Support this podcast: https://anchor.fm/kalilahrey/support

What if I tell you: Shell companies with no commercial operations are formed to raise capital through an IPO for acquiring an existing company. What if I also tell you that even retail investors can invest in these blank cheque companies. Well, I am talking about Special Purpose Acquisition Company shortly called as SPAC. SPACs have been around in the US for a very long time but SPAC deals in India are still at a nascent stage becoming popular recently mostly due to abundant dry powder post covid. However, it does sound risky isn't it? The complexity of SPAC deals has challenges. To understand more about these blank cheque companies and regulatory framework around it, Mint's Nasrin Sultana is joined by Vikas Bagaria, partner Deloitte India.

Insights into the capital structure and risk/reward of SPAC investing along with estate planning advice for potential valuation issues, the applicability of section 2701, and the use of GRATs with these assets. The American College of Trust and Estate Counsel, ACTEC, is a professional society of peer-elected trust and estate lawyers in the United States and around the globe. This series offers professionals best practice advice, insights and commentary on subjects that affect the profession and clients. Learn more in this podcast.

Decision Vision Episode 134: Should I Sell to a SPAC? – An Interview with David Panton, Navigation Capital Partners In 2020, roughly half of all companies which went public did so through a SPAC, or a Special Purpose Acquisition Company. How does a SPAC work, and what are the pros and cons of going public […] The post Decision Vision Episode 134: Should I Sell to a SPAC? – An Interview with David Panton, Navigation Capital Partners appeared first on Business RadioX ®.

Contact Demetrios Frangiskatos: https://www.linkedin.com/in/demetrios-frangiskatos-00290a7/Demetrios at BDO: https://www.bdo.com/our-people/demetrios-frangiskatosFULL EPISODE TRANSCRIPTMitch (00:06):Welcome back to Count Me In, IMA's podcast about all things affecting the accounting and finance world. I'm your host Mitch Roshong and this is episode 137 of our series. Today's conversation is between my co-host Adam and the co-leader of BDOs SPAC assurance practice, Demetrios Frangiskatos. The SPAC, Special Purpose Acquisition Company market has long-term implications that cannot be overlooked. Demetrios joins us to explain factors currently driving the market as well as other considerations and risks. To learn more, keep listening as we head over to their conversation now. Adam (00:48):Demetrios, thanks so much for coming on the podcast today. To start off our conversation, where's the SPAC market now and what factors have been driving its activity and is it still a viable option to going public today? Demetrios (01:02):Thanks for having me, Adam and looking forward to our discussion. Yeah. You know, the SPAC market has been on a roller coaster ride over the last probably 18 months and all of it is sort of been going up just at different speeds and different levels. The market right now is probably a little slower than it has been, you know, earlier on in the year with regards to initial public offerings and raising capital through the pipe market, but there's been no indication from, you know, whether, the bankers,, attorneys sponsors, what we're seeing in the marketplace that it is still a viable option. We're still seeing activity. We're still seeing SPACs raising money. We're still seeing spot sponsors, which include asset managers and strategics and high net worth individuals who have had a lot of success in doing M&A, looking to raise capital. So I don't see it slowing down. I think we were sort of in an unprecedented market at the beginning of the year and that incline had started from the year before, and that might've been a pace that was difficult to continue following. But it still seems like it's going strong and you're still also seeing even the traditional IPO market go strong. So they both seem to be viable, options that are continuing in the marketplace, as well right now. Adam (02:51):So back in April of this year, the SEC issued a new guidance regarding, related to warrants that seemed to shake up the market. Can you talk about what happened there and what implications were for sponsors and target companies alike? Demetrios (03:08):Yeah, of course. Yeah, that was, that was a bit of a splash in the market with respect to the accounting behind warrants was dealt with in a certain way for a long period time and with the SEC statement it changed the direction of that accounting from what was fairly easy to account for the warrants as equity instruments, to if the warrant instruments had certain clauses they would have to be reclassified as liabilities. And what did that do, that caused, you know, there was at least 400 SPACs out in the market that raised capital, that had to reevaluate it. That was de-SPACs that occurred in the marketplace, where the warrants carried over from the original offering into the new operating company that became public that had, restatements. So it caused quite a bit of noise. And, you know, the timing was interesting because the statement came out in April and then in March, I shouldn't say then, but prior to that in March, we had started seeing a little bit of a slowdown in the market. I think the pipe market was reaching a bit of a capacity point in how much private investment was going to go into these SPACs and the combination of those two really, really put a pause in the marketplace. And it took, it took about, you know, maybe a couple of months for the market to start getting back up and going and enough time for the companies to evaluate what the rules mean with their current equity instruments, you know, attorneys to evaluate the structure, including the bankers. And initially there was a lot of hesitation and what to do, whether to file new SPACs with, you know, the legacy terms and my ability accounting, try to restructure these agreements so that they have equity accounting, and that started shaking itself out and initially we saw mostly filings of you know, saw the restatements on the old, on the existing companies. We started seeing filings of SPACs with, warrant instruments with liability accounting, and now we're starting to see a shift where the sponsors and the bank community and the attorneys are working on instruments that will, get these warrant instruments to equity accounting and you know, we're working through several within our firm as well, so you're starting to see the market evolve and address some of the concerns that the SEC presented in their statement. Adam (06:06):Can you maybe touch on the regulatory focus that continues to increase, such as the current chair's Gensler's the statements that he's made? Demetrios (06:14):Yeah, no, of course. I think, you know, you're going through changes in the administration right now, because of the presidential change so that's, we'll probably gonna see some shifts in regulatory focus and, you know, the appointments that are being made and coupled with, you know, Gensler's comments, maybe a month, month and a half ago, he was talking generally about the capital markets and there's been an uptick both in traditional IPO's, and that there's an expectation that will continue. But did talk about SPACs, and their sort of their resurgence from, you know, these were vehicles that existed several years ago, or much longer than several years ago, but they just weren't, they weren't being used as often and obviously now the activity is tremendous. And he was, you know, he was focusing on our investors protected appropriately with these SPACs specifically. I think his focus was on retail investors and them getting the appropriate information, that they need both on the initial IPO stage and in the de-SPAC when the target is the operating companies identify and the DSPAC occurs and I think he was cuing that there should be some focus on this and make sure with the volume that's going on that the disclosures and the information flow that's getting to investors is at the right level. And, the second point he raised, which I think has always been something that's been a focus is, just generally speaking the efficiency of the vehicle and whether, you know, is how it compares to traditional IPO. Obviously, the SPAC sponsor is the ones that are raising the capital and are the ones that are looking for the operating company. There's a certain level of dilution and costs that they bring to the table. The SPACs that we're you know, in the current market, maybe several years ago, they didn't have pipes, but now they have pipes which are private investments in public equity. So there's significant capital being raised through that and that they're getting discounted pricing. So the combination of all that is a concern that gets brought up, are the retail investors aware and, are they properly, being, you know, evaluating their decisions with the information for what's going in? So it's clear that there's going to be some heightened focus on SPACs, disclosure, the right level of information for investors, and then ultimately I think when these operating companies de-Spac into the entity and become new public companies, just that there's a right level of a bigger focus on the financial reporting side. I think you had seen several statements from the SEC earlier on in the year just about things that investors should be aware of with these vehicles and some of the risks that they pose. So there's no doubt, there's no doubt and we're seeing it as well. There's a very heightened focus on these vehicles and where they're going. And, I think more to come, right, I think with the change in the regulatory body, or the individuals in the regulatory body, and some of these statements it's clear that there's going to be a, there's probably going to be more focus obviously like I mentioned, and probably some changes come. Adam (10:13):Definitely. Now you just mentioned the sponsors of a SPAC transaction. Could you maybe break down everyone that's involved in the SPAC such as like the target, the auditor, et cetera, just so we can get a full understanding of what that takes? Demetrios (10:25):Yeah, no, of course. So typically, what you see in a situation where a SPAC, is created and wants to raise capital is certain individuals that are viewed as the sponsors of the ones that are effectively driving. They're going to drive this SPAC to buy a company, formed together and come together and generally speaking, maybe they think about, you know, their expertise, areas of focus that they've had in the past, whether it's healthcare, financial services, technology, and they combine certain individuals that are viewed as the sponsors because they're the ones that have the experience and sort of having the vision of what they want this vehicle to do. And then once they do that, they get together and come up with sort of their strategy or their plan and what they want to do, you know, what kind of company they want to buy, how much money they need to raise, and what markets they want to chase that because they also want to use their experience in order to help, you know, execute on this transaction and potentially help the company in the future once that these SPAC happens. So they get together, then they identified a banker, an attorney, and an audit firm to work with them, to work through the initial process, they come up with a dollar amount, they identify who they want to raise through the counsel of the banker, that process, you know, beginning to end, probably it takes about two months, maybe two and a half months, sometimes sooner, but that's the approximate range. They raise the capital, a hundred million, 200 million, 300 million, and then they start the process. They have, the vehicles usually have 18 to 24 months to complete the transaction. If it doesn't get completed in that timeframe, the capital that was raised gets returned to the investors. So they do have a clock that they have to work on and during that period of time, they go out into market and try to identify the right target, that they wanna invest in and that wants to de-SPAC and reverse into this company and become the new public company during the process. And that usually, doesn't have a set timeframe because it could take, you know, four or five months, or it could take a year, to get to that point and figure it out. Deal gets announced and then there's a process to go through a registration statement filings with the SEC, and then ultimately once the de-SPAC process occurs, then the, that operating company that was being targeted becomes the new public company, that goes forward and changes their ticker symbol and runs the operations from there. The board, which I didn't mention initially, there's a board that's set up with the sponsor is when the initial offering happens, that carries over, but there's sometimes there's transition planning and things of that sort, after the de-SPAC happens, some board member stay, some don't in where the new operating company goes. That's the short, that's a really short summary of the process, at a high level. Bankers obviously helping the sponsors raise the capital, attorneys are working with the sponsors on various elements of, you know, structuring agreements, working through the legal and regulatory issues around initial filing, and the audit firm, which is us, we do the audit work around the sponsor company audit that's needed for the initial offering. Sometimes we'll do the audit work for the operating company. The accounting firms also help, if they can't, they can't do both there's independence issues, but they could help on financial reporting. They can help on due diligence, they can help on tax structuring. It's a fairly complicated process, and involves multiple parties to get to the ultimate execution of the operating company going public. Adam (14:47):Definitely. so what kind of considerations should that operating company be thinking about when it's time to de-SPAC? You were just talking about de-SPACing, but what should they consider? Demetrios (14:57):You know it's a big, big change for these operating companies to, go from a private reporting environment, to a public reporting environment and I think there's a lot of things they should be considering, you know, from various elements of the business, marketing timing considerations, you know, when should they be getting ready? How quickly can they be ready? If the de-SPAC happens in a short period of time, will they have the right infrastructure in place, financial reporting considerations, right? Like what type of people do they have, processes? Do they have the right technology to be a public company? The reporting timelines are dramatically different, so they need to be thinking about that. Internal control considerations. Do they have the right control processes and, you know, do they need to evaluate anything from an accounting standpoint, as well as an operational standpoint, because there's just greater consequences to getting things wrong obviously when you're a public company with shorter timeframes to get things finalized. I think corporate governance and committee considerations are super important. Do they have the right board members? Do they have the right committees? Have they set up the right audit committee to work through, you know, all things that are critical when you become a public company is something they should be thinking about. And then ultimately just an operational standpoint, have they set themselves up as well to manage through a transition like this that's going to have sort of, you know, regular evaluation over their earnings and reporting and obviously that the information their flowing to the public is, has got a high degree of quality and accuracy as well. So there's, you know, from a governance standpoint, I think there's a lot of considerations from a control standpoint. There's considerations as well, although some of those may have existed already and then, you know, financial reporting and controls are, I think, extremely critical because I think those are the biggest leaps in transitions for a company that's private to go public in a short period of time. Adam (17:33):So how can that same operating company avoid financial reporting risks? Demetrios (17:38):I think, you know, when, before they think about going public, I think they really need to sit down and have a clear plan on, you know, what does the timing look like for the financial reporting needs of a public company. You know, so if they have to do 10-Qs, they have to do a 10-K, a proxy, all those things need to go out within set timeline. What is their financial reporting department look like? Do they have adequate resources, to be able to report? Do they have the right cutoffs and things of that sort so that they can have a financial report close process that could manage through that? And then I think while they're working through that, I think they also need to evaluate some of the complexities that go with being a public company which includes, you know, if their domestic or international, or whether in the GAAP standards, IFRS standards, public company disclosure requirements, you know, which include issues related to identification predecessor entity, form accountant and financial statements, just various things that need to go into a 10-K or 10-Q that they may not have to include before. There's a various gap that may be different from them being a public company to a private company. Application of certain gap that just applies to jus public business entities like earnings per share, segment disclosures, you know, other disclosure requirements, and just various assessments I think as well. There's also considerations with respect to certain things having different timelines for private companies and public companies with regards to accounting standards. So a private company, it may be due two or three years later, for them to adopt it, for public companies sooner. So really having a detailed plan walking through all this I think is extremely important for these operating companies, because I think they'll face a lot of new challenges from a financial reporting standpoint or, you know, just differences that they have in their current structure. Adam (20:13):That makes complete sense. You briefly mentioned the board earlier when we were talking about the roles, but what role does the board play during a SPAC? Demetrios (20:24):Yeah, that's a great question and I think that's a big consideration for the sponsors early on in the process and I think, you know, when they're working through evaluating who the right board members are, I think there really needs to be a thought on their skill sets, experience, industry knowledge, have they dealt and been on public company boards before and, you know, evaluating all those skillsets, I think is extremely important and making sure that aligns with the strategic approach of the SPAC. So I think there's a balance of operational focus with strategic oversight, and needing some experience with the SEC, with the PCOB and frankly, I think there's also a lot of value in having, you know, board members that, and obviously the vehicle has gained its momentum and, you know, the period of time it's been around is long but the number of people that have had experience with it is probably within the last few years, but getting board members that maybe have some experience with the SPAC process and de-SPAC process, I think all those things can be extremely valuable with the board and because I think there's just challenges that you run into and, you know, whether it's obviously initially raising the money, compensation structure is identifying the operating companies and whether they have the right, you know, infrastructure. So a lot of that, you know, guidance is important and experience is important from a board perspective and balancing, you know, different types of experience to help the SPAC and that de-SPAC process of course. Adam (22:30):Definitely. Now when you think about all the volume of SPACs that are coming into the market, what kind of pressure do you think it's going to feel? Demetrios (22:39):Yeah, it's an interesting point, right? Cause I think when you originally asked me about the vehicle and is it something that's still viable. I think, there's no doubt that it's viable and it's going to continue being used, but I think we will see how this market plays out once you start seeing the 18 and 24 month windows start expiring and how many of the SPACs actually execute their plan to de-SPAC with an operating company and with the volume of activity that we had between last year and this year, I think there's, I don't know where the last count is, but there's at least over 400 I think out there right now chasing operating companies and I don't know how many filings are with the SEC right now. It could be in the hundreds. There's going to be a significant amount of SPACs that have capital that need to be deployed. And, I think that saturates the market with capital that needs to go to work and the question is, you know, are, you know, are there enough companies out there that are ready to go public and have the right business model and maturity to be a public company? You know, that's a big question. You know, you're seeing some of these SPACs starting to focus on foreign entities, because maybe it doesn't have the same level of saturation as the domestic markets do. So I think you may see some refocus there. You know, I think if you look at the second quarter there was definitely an uptick in that part of the market. So there's, I think it'll be very interesting and I think that's one of the challenges the market may face is, are there enough companies that can actually be public companies and ready to be public companies for the amount of SPACs that exist in the capital and I think that's gonna put a little pressure on the system and something to watch over the next, you know, 6 to 12 months. Adam (24:57):So speaking of the next 6 to 12 months, you know, as we wrap up our conversation, what's kind of the outlook for SPACs for the rest of 2021 into 2022. Demetrios (25:07):You know, I think, in all my conversations and from what I'm seeing in the marketplace, I think these vehicles are here for that timeframe. At least I think they'll probably, you know, continue to be around after that. The conversations I have with sort of the market makers, everyone views them as a viable vehicle. So I think there's still strength in, you know, the approach that they're taking. Obviously the regulatory environment may shift some of that and change some of the direction. We're seeing an increase in activity now and we actually expect based on the conversations we're having and the dealings with our sponsors that I think, you know, September, October, November timeframe, we'll probably see a bit of an uptick just cause, you know, there seems to be interest in the marketplace to start, you know, raising capital at a higher level and if some of the, it seems like there there's an intention to develop warrant instruments with equity characteristics so that could simplify some of the accounting there. So I think you're going to continue seeing momentum in this space. I think, I don't think that there's going to be, I don't think you're gonna have the same pace you had at the beginning of the year. I think it's hard to do that, but I do think you'll have a steady pace and you'll see this vehicle here next year as well and, I think it just, it seems to have found a part of the market that that's very receptive to it and feels it could really be effective in deploying capital. Closing (27:06):This has been Count Me In, IMA's podcast providing you with the latest perspectives of thought leaders from the accounting and finance profession. If you like what you heard and you'd like to be counted in for more relevant accounting and finance education, visit IMA's website at www.imanet.org. 

Even though SPACs seem to be everywhere these days, there's still a lot of confusion over certain aspects of accounting for them. That's why we sat down with fellow Embarker Sam Sorenson for a discussion on what SPACs require from accounting teams, including: SPACs 101: History and the recent hype Overview of the SPAC lifecycle Common accounting and financial reporting issues for the target business Target business audit considerations Ongoing SEC requirements And more! For more information on SPACs: SPACs: What's a Special Purpose Acquisition Company? SPACs may bring accounting risks Connect with Embark on: LinkedIn Instagram Twitter Facebook YouTube Listen to Accounting Matters on Apple Podcasts, Google Play, and Spotify.

“A SPAC is really a management team that gets together with a sheet of paper and writes a plan.” In today's 1:30 episode of The Radio Free Enterprise Minute, Steve Kann of Bridgewater Capital shares a clear and very succinct definition of a Special Purpose Acquisition Company. Watch, search, download, or listen to our entire conversation, “Should I Really Consider Going Public,” on Radio Free Enterprise: https://radiofreeenterprise.com/should-i-really-consider-going-public-steve-kann/

Related Article:  Alternative investment sales skyrocket in 2021Guest Bios: Milind Mehere: Serial entrepreneur, builder, thinker, angel investor, husband, and father. Milind is the Founder and CEO of YieldStreet and is on the mission to change the way wealth is created. A serial tech entrepreneur, he founded YieldStreet on the simple belief that everyone, regardless of their net worth, should have access to make the most of their money. Prior to YieldStreet, Milind spent nearly a decade scaling Yodle from $0 to $200M in revenue and employing more than 1,400, while helping hundreds of thousands of SMBs market their businesses online. Yodle was acquired by Web.com (Nasdaq: WEB) for $342M in 2016. Milind has a track record in building large scalable businesses and delivering life-changing products to underserved markets. Milind shares knowledge of investment and tech trends, company growth, building great teams, fundraising, and fan-favorite, fine whiskey. When Milind is not working, you can find him watching the Patriots with his son, traveling with his wife, reading non-fiction, and running in Central Park while listening to his favorite podcast, Hidden Brain.Lawrence Calcano is Chairman and CEO of iCapital Network. He began advising and working with iCapital shortly after its 2013 founding to lead key strategic and business development initiatives. Lawrence was a partner at Goldman, Sachs & Co., where he spent 17 years, most recently serving as the co-head of the Global Technology Banking Group of the Investment Banking Division. He serves on the Boards of the Mental Health Association of New York City and Capitol Acquisition V, a Special Purpose Acquisition Company. Lawrence was named to the Forbes Midas List of the most influential people in venture capital in 2001, 2002, 2004, 2005 and 2006. Lawrence received a BA from the College of the Holy Cross and graduated from the Amos Tuck School of Business at Dartmouth College as a Tuck Scholar. 

a SPAC, or Special Purpose Acquisition Company, is both timely and in the news. So you need to know about them. Let's go!

Today on the Finance Flash Go! podcast, we are discussing SPACs. A SPAC is a Special Purpose Acquisition Company. Still confused? Yeah...me too. So let's talk about what SPACs are, why they exist, and if they are a good investment. Please enjoy the Finance Flash Go podcast! We plan to release a new episode every weekday answering important finance questions. If you ever want to submit a question to our podcast, send an e-mail to financeflashgo@gmail.com, and please be sure to check out Jordan Frey's blog prudentplasticsurgeon.com where he gives great financial advice. A brief disclaimer, while we are providing knowledge and awareness around financial topics in this show, we are not held responsible for any financial decisions you choose to make in response to the podcast. We hope to provide accurate information in regards to money and different methods of wealth creation, but it is always the learner's responsibility to due their due diligence before making important financial decisions. We hope you enjoy the show and thanks for tuning in, and if you like the podcast please subscribe, share, and leave us a review on the podcasting platform of your choice!

As “Special Purpose Acquisition Companies” (companhias com propósito específico de aquisição) já existem nos Estados Unidos há bastante tempo, mas no Brasil são pouco conhecidas e ainda não utilizadas, em razão da ausência de regulamentação. Estima-se que o uso desse veículo de investimento seja o grande responsável pela onda de fusões e aquisições dos primeiros meses deste ano, a maior das últimas décadas. Para explicar o que é uma SPAC, como ela funciona e qual a sua importância para o mercado de fusões e aquisições, eu convidei a advogada Sâmya Félix, pós-graduada em direito societário pela FGV e com vasta experiência prática na área.

¿Qué es un SPAC? ¿Cómo funciona, cómo comprar, debería invertir?En este capítulo de Yo Te Explico, Roberto Ibarra nos cuenta sobre como funcionan las SPACS, (Special Purpose Acquisition Company) las cuales son una empresa sin operaciones comerciales que se forma estrictamente para obtener capital a través de una oferta pública inicial (OPI) con el fin de adquirir una empresa existente. También conocidas como "compañías de cheques en blanco", las SPAC existen desde hace décadas.En este podcast Roberto nos cuenta sobre Lucid Motors, una compañía que comenzó a hacer relevante el uso de SPACs, ya que hizo perder dinero a algunos de sus inversionistas, y así mismo menciona como dejarse llevar por especulaciones de Twitter o Reddit sobre inversiones puede ser contraproducente. 

¿Qué es un SPAC? ¿Cómo funciona, cómo comprar, debería invertir?En este capítulo de Yo Te Explico, Roberto Ibarra nos cuenta sobre como funcionan las SPACS, (Special Purpose Acquisition Company) las cuales son una empresa sin operaciones comerciales que se forma estrictamente para obtener capital a través de una oferta pública inicial (OPI) con el fin de adquirir una empresa existente. También conocidas como "compañías de cheques en blanco", las SPAC existen desde hace décadas.En este podcast Roberto nos cuenta sobre Lucid Motors, una compañía que comenzó a hacer relevante el uso de SPACs, ya que hizo perder dinero a algunos de sus inversionistas, y así mismo menciona como dejarse llevar por especulaciones de Twitter o Reddit sobre inversiones puede ser contraproducente. 

Entreprises sans activité commerciale, les SPACs (pour « Special Purpose Acquisition Company ») sont utilisées dans le but de lever des fonds en entrant sur une place boursière. Non-orthodoxes dans leurs principe, ces nouveaux instruments financiers pourraient toutefois poser problème aux yeux des financiers de Wall Street.Pour quelles raisons ? See acast.com/privacy for privacy and opt-out information.

Rob and Rory speak with markets reporter Amrith Ramkumar of The Wall Street Journal to discuss Specials Purpose Acquisition Companies (SPACs). In this episode, we touch on the SPAC craze that has hit the financial markets in 2020 and continued into 2021. Amrith discusses the history of SPACs from a niche product used by a group of wealthy individuals to it now utilized by most of Wall St. and Silicon Valley. He talks about seasoned investors like Bill Foley and Besty Cohen doing SPACs and how this is an alternative to raising money via a VC or Traditional IPO. He provides examples of SPACs such as the SE Asian “Super App” GRAB going public in a SPAC merger that values the business at nearly $40 Billion, even though they aren't profitable. Lastly, Amirth talks about key investment rounds called (PIPE deals). A Private Investment in Public Equity where investors like Blackrock, Fidelity, Franklin Templeton, T Rowe Price put in vast amounts of money to get exposure to these companies of the future, which has helped make SPAC's a mainstream alternative.

In Today's Episode I am joined by two Italian colleagues; Sergio Bruno and Manuel Zaccaria and our 'Argomento della giornata' is SPACS.OK, you are forgiven if like me, you are sitting there thinking WHAT is a SPAC?  Well, SPAC is an acronym for Special Purpose Acquisition Company and Manuel and Sergio provide plenty of insight in this podcast. The result for anyone listening is an in-depth and informed discussion that will help you understand why a SPAC exists, Its primary purpose, the value proposition of a SPAC and much more. You will leave with a solid understanding, another piece of knowledge to improve your career skills and best of all, a great topic to impress people at the local bar of next dinner party.But on a serious note, if you are forming a SPAC and want an experienced partner to help with the acquisition integration then look no further than Global PMI Partners, and reach out to Sergio and Manuel. 

After riding his bike up the side of a mountain, Toby's endorphins kicked in and he has proposed a great idea. You can learn more from listening to this podcast and we would welcome any contributions you might make.M&A Integration is about keeping it simple but as Einstein says  "you've got to make everything as simple as possible, but not simpler" and it's this topic that Robert and Toby explore.Then just as we thought we had simplicity nailed, Robert introduces SPAC's. What? I hear you say. Well according to Wikipedia,  A SPAC (Special Purpose Acquisition Company) is a company created solely to buy another firm and take it public — an alternative to a traditional IPO .  Robert aims at providing a brief overview but as always, we welcome further commentary from our listeners.Lastly we invoke Les Hayman and choose three more 'Pieces of advice for managers'  This week's sagely offings areBe humble. Greatness. Doesn't have to be advertised.Never get angry. The minute that you do, you've lostLead by example. But remember your people watch and see everything you do

Desde o começo do ano, as bolsas mundiais registram uma euforia desconectada da conjuntura econômica difícil por conta da pandemia de coronavírus. Enquanto os países se esforçam para relançar a atividade, apesar do impacto avassalador da Covid-19, os mercados de ações aceleram e ultrapassam os índices de antes da crise, como em Nova York, Paris ou Frankfurt. Lúcia Müzell, da RFI Em fevereiro, o Nasdaq americano chegou a registrar altas recordes, acima de 14 mil pontos. No fim de março, foi a vez do DAX alemão ultrapassar pela primeira vez na história os 15 mil pontos. O otimismo exacerbado, puxado pela performance das empresas de tecnologia, levanta temores de uma bolha no mercado de ações. O economista Gunther Capelle-Blancard, professor da Universidade Panthéon-Sorbonne, explica que o avanço da vacinação e o pacote trilionário de retomada nos Estados Unidos animam os investidores no país – e não só os profissionais. As estimativas mais conservadoras apontam que pelo menos 10% dos americanos beneficiados pela ajuda financeira do governo de Joe Biden pretendem aplicar na bolsa os US$ 1,4 mil que receberam. "Um quarto do valor total da ajuda pode acabar parando nas bolsas, e não apenas em ações. Com a liberalização financeira, temos muitos outros produtos financeiros, que antes eram reservados aos profissionais e agora são cada vez mais acessíveis às pessoas físicas, como os Bitcoins”, diz o pesquisador. “Alguns desses novos produtos, como os ‘SPACs' (sigla para Special Purpose Acquisition Company), são pacotes vazios, digamos. Um grupo de indivíduos oferece um produto inexistente para coletar fundos, prometendo a ideia de que, mais tarde, essa empresa existirá.” Em confinamento, pessoas físicas entram na bolsa A entrada de pessoas físicas no mercado financeiro, fenômeno recente no continente europeu, ajuda a explicar a disparada das principais praças europeias. Capelle-Blancard observa que esses pequenos investidores não prestam atenção nos fundamentos – eles seguem, num efeito manada, na direção de produtos de tecnologia em notoriedade. "Um estudo sério da Autoridade dos Mercados Financeiros, AMF, mostrou que durante o primeiro lockdown, a atividade na bolsa por pessoas físicas aumentou quatro vezes. Há muitos novos investidores, leigos, os 'bolseiros', que estão entrando no jogo do mercado financeiro – e isso foi antes dos planos de retomada dos países”, destaca o professor. "Esses planos, via Bancos Centrais, geram muita liquidez nos bancos e essa liquidez alimenta essa bolha especulativa." O Brasil também registra o ingresso espetacular de pessoas físicas no mercado de ações, embora num volume ainda insignificante em relação aos investidores de peso, que ditam os rumos da Bovespa. Em apenas seis anos, o número de particulares que aplicam na bolsa passou de 600 mil para 3,3 milhões, afirma Alex Agostini, economista-chefe da Austin Rating. "Essa é uma mudança que essa geração vem tendo, afinal os juros caíram muito no Brasil. Antes era fácil ganhar dinheiro porque você deixava aplicado e nem se preocupava. Agora, vemos uma mudança de cultura, de estrutura do investimento, apesar da crise econômica que o país vive há mais de 10 anos”, constata o analista brasileiro. Acompanhando a tendência mundial, os papéis de empresas de varejo que desenvolveram o comércio digital e as fintechs bancárias são os mais atrativos no Brasil atualmente, reflexo das transformações aceleradas pela pandemia, como a generalização do home office. "Essa mudança da estrutura da economia global, que passa de força física para força intelectual, ou seja, para o uso da tecnologia em massa, vai fazer com que alguns ativos se valorizem mais que outros. Algumas valorizações assustam, mas temos que entender que faz parte do processo.  Elas ocorrem de maneira muito rápida porque tentam antecipar o futuro”, pontua Agostini. "No meu entendimento, não é uma bolha. É uma tentativa de recuperação dos ativos, lembrando que a bolsa brasileira tinha batido recorde no início de 2020, quando veio a pandemia e despencou, como aconteceu no mundo inteiro. Agora, está tentando se recuperar”, indica. Bolhas do passado alertam sobre o presente O francês Capelle-Blancard não tem tanta certeza. Ele lembra que as bolhas nas ações fazem parte da própria história dos mercados financeiros, por mais que os mecanismos de antecipação do fenômeno tenham evoluído. "Podemos fazer paralelos com o passado, principalmente com a bolha internet dos anos 2000. Tínhamos o mesmo tipo de contexto. No caso da bolha imobiliária de 2008, era um pouco diferente porque os investimentos imobiliários eram feitos a crédito, com impacto muito maior. Ele ressalta que o aumento da “financeirização" das economias nas últimas décadas intensificou os riscos da explosão de bolhas de ações, como mostrou a crise das subprimes de 2008. Se os mercados desabam, a economia de um país cai junto.

Ein Trend, der zunächst vom US-Kapitalmarkt ausging, hat zuletzt deutlich an Fahrt aufgenommen und sorgt auch in Europa für viel Furore: die sogenannte Special Purpose Acquisition Company, kurz SPAC. Während 2019 lediglich 59 SPACs an den Börsen in den USA gelistet wurden, waren es im vergangenen Jahr 250, die insgesamt Emissionserlöse von über 80 Mrd. Dollar erzielten. Und 2021 sind es nun bereits 105. Was ist das Besondere an diesem IPO-Vehikel und wie sind SPACs konstruiert? Für welche Branchen ist dieser Weg besonders interessant? Welche Chancen, aber auch welche Risiken sind damit verbunden, und was müssen Anleger beachten? Setzt sich der Trend in dieser Dynamik fort? Welche Volatilitäten sind damit verbunden? Diese und andere Fragen erörtern Thomas Altmann, Partner und Head of Portfoliomanagement von QC Partners, und Franz Công Bùi, Redakteur der Börsen-Zeitung, in der aktuellen Ausgabe des Podcasts „Hashtag Volatility“.

This episode is also available as a blog post: https://10leaves.ae/publications/luxembourg/special-purpose-acquisition-company-spac-options-in-luxembourg What are Special Purpose Acquisition Companies, or SPACs? A SPAC is an acquisition vehicle typically created by experts in specific sectors, for example, in technology. The primary objective of an S PAC is to acquire an existing entity that is in the early stages of filing for an Initial Public Offering, or IPO. The acquisition is funded by the capital that the S PAC raises from it's own Initial Public Offering. This capital is then kept in escrow until the target company has been identified. Once done, the process can be completed quickly, hence giving the target entity a quicker and hassle-free route to an IPO. If an SPAC fails to locate an acquisition, it would have to be liquidated. The advantage to investors is that they get to seize opportunities quickly, within the protection of a listed entity with all the required adherence to regulation and transparency. The advantage for the target company is that they get to list quickly, through the merger process. Because of the nature of it's operation, S PACs are often called “blank-cheque” companies. Why establish an SPAC in Luxembourg? Luxembourg offers many solutions to establish S PACs. The country is a leading jurisdiction for setting up of investment funds and holding companies. In fact, Luxembourg is the second-largest fund domicile in the world, and the largest in Europe, managing over EUR 5.1 trillion dollars. Funds setup in Luxembourg can be distributed through the European Union, under the AIFM directive. A Luxembourg structure also offers comfort to investors, given the good reputation of the jurisdiction, the enhanced protections offered to investors and the existing network of globally-recognised service providers.

In this episode, we go over what a Special Purpose Acquisition Company is, how they manage to take private companies public without going through the IPO process, why it is gaining so much popularity recently and some of the flaws that this investment vehicle has. In 2020, SPACs have raised over $82 billion in capital, more money than the past 10 years combined. A total of 248 SPACs went public last year. Popular SPACs that you may have heard of recently include Draft Kings, Virgin Galactic and the Tesla challenger Nikola. Even celebrities like Jay-Z and Shaquille O'Neal are planning to launch a SPAC. These investment vehicles have already raised more than $38 billion in 2021, with an average of $296 million for 128 SPAC IPOs, according to SPACInsider. All of this and more in today's episode.

SPACs are popping up everywhere. Seemingly everyone from Alex Rodriguez to Colin Kaepernick have one in their back pocket. What are they and why would you want to get involved in a Special Purpose Acquisition Company?We dip our toes into pot stock and Bitcoin speculation.Also, we have an update from comedian Bret Raybould who in episode 101 was seeking to become the world's first publicly traded comedian.Email: MonkeyBizShow@gmail.comTwitter: @TheMonkeyBiz101Rich Bennett and Eric Salzman met on a Wall Street trading desk in the 1990s. They figured if we can't play centerfield for the Yankees, Wall Street was the next best thing. For a long time, it was.While their careers diverged toward different firms Rich and Eric had a dream to create a show that pulled back the curtain on what really makes things go on Wall Street. They've teamed up with producer and host Aaron Hodges to make their dream come true!  With so many young guns getting into investing and trading, our main goal is to point out ways to win while not getting your wallet lifted! On "The Monkey Business Show" you'll get great picks, solid lessons on risk, insightful guests and a lot of laughs.

SPAC is a popularized approach to doing deals and raising capital. Looking back at 2020, there was a major increase of this hot vehicle! Learn what a Special Purpose Acquisition Company is and understand what it is used for. Special Purpose Acquisition Companies raised 78 billion in the US in 2020 and 45% of all companies that went public were SPAC. In this episode you will learn what factors are contributing to this drastic increase as well as hear the answer to the questions below: What is a SPAC? What risks and benefits can be expected when investing in a SPAC? How is the high competition in this trend affecting its structure? What returns are being seen and how industry factors determine the time frame? Will the increase of SPACs continue in 2021? Listen to the DealQuest Podcast today! Website: https://www.coreykupfer.com/ LinkedIn: https://www.linkedin.com/in/coreykupfer/ Facebook: https://www.facebook.com/CoreyKupfer Twitter: https://twitter.com/coreykupfer

What is a special purpose acquisition company (SPAC)? or blank check company? Should you invest in SPACs, and how do they work? A SPAC is publicly-traded shell companies that raise collective investment funds through an initial public offering (IPO) in the form of a blind pool. The funds are placed into a trust until an acquisition is made or a predetermined period of time elapses and the fund is liquidated. SPACs are increasingly being viewed as an alternative to the IPO process in particular for silicon valley companies since the failed WeWork IPO.  Some recent SPAC mergers have been controversial such as Nikola Motors (NKLA) and  Luckin Coffee (LKN) and Wirecard.  Many argue that these companies would not have made it through the traditional IPO process.  We will also learn about Direct Listings, like the Spotify listing which is another alternative to the IPO process.Patreon Page: https://www.patreon.com/PatrickBoyleOnFinancePatricks' Books:Statistics for Traders:  https://amzn.to/3eerLA0Financial Derivatives:  https://amzn.to/3cjsyPFCorporate Finance:  https://amzn.to/3fn3rvC Visit our website: www.onfinance.orgFollow Patrick on Twitter Here: https://twitter.com/PatrickEBoyleFind Patrick on YouTube at: https://www.youtube.com/c/PatrickBoyleOnFinanceSupport the show (https://www.patreon.com/PatrickBoyleOnFinance)

David Panton is Managing Partner of Navigation Capital Partners and SPAC Opportunity Partners LP. In 1998, he co-founded and became managing partner of the Caribbean Investment Fund, a $50 million private equity firm in Kingston, Jamaica. He was named by Buyouts Magazine as “One of Eight Buyout Pros Under 40 to Watch” and by the Atlanta Business Chronicle as one of the “40 Under 40″ Rising Stars. In 2007, he co-founded and was a partner of Navigation Capital Partners, a $350 million private equity firm in Atlanta, where he remains a shareholder. In this interview, David takes a deep dive into a very hot subject … the Special Purpose Acquisition Company, or SPAC. He explains in great detail exactly what a SPAC is. He gives several reasons why SPACS are so hot right now. He does a walkthrough of a SPAC from start to finish. He tells the story of how he was able to secure a $500 million investment from Goldman Sachs. He talks about some household names that were once SPACS, and much more. If you have an interest in learning more about SPACS this is a must-see interview! What you'll learn from this episode: What exactly is a SPAC? Why are SPACS so hot right now? The average size of a SPAC Can a sponsor do more than one SPAC at once? Household names that were once SPACS What type of industries does David invest in? How David secured $500 million from Goldman Sachs And Much More! Connect with David: LinkedIn Watch the video: Youtube

Many business owners envision the idea of taking their company public as the ultimate exit strategy, with many millions or even billions of dollars waiting at the end of the rainbow. But is "going public" really all it's cracked up to be? What are the different ways you can take your company public and what are the potential downsides of the effort? This week's guest, Stephen Kann, is a partner at Bridgewater Capital, a capital markets advisory firm that helps companies go public and navigate being public. In 25 years they've been involved in over one hundred transactions totaling well over $1 billion. There are a lot of ways to take your company public, but in Thursday's conversation Frank asks Steve to focus on just three: an Initial Public Offering; a Special Purpose Acquisition Company; and a Reverse Merger. Frank also shares his experience as the CEO and Chairman of a Dot Com company that went public using a reverse merger 20 years ago. If you've ever entertained the idea of being the founder of a public company, you don't want to miss this conversation.

Today's Daily Download episode features an interview with HousingWire Mortgage Editor James Kleimann. In this episode, Kleimann discusses the recent uptick of mortgage companies like Rocket Companies and United Wholesale Mortgage entering the public arena and filing for IPO. Kleimann also delves into the significance of special purpose acquisition companies and discusses the role they play in public debuts. For some background on the interview, here's a brief summary of Kleimann's recent article on the latest mortgage lender to file for a public offering. AmeriHome on Thursday became the latest mortgage lender to file for a public offering, the latest to do so amid a coronavirus pandemic that has helped spur record origination volume this year.The lender told the SEC in a filing that it plans to raise at least $100 million as a placeholder for an upcoming public offering, though it did not disclose the ultimate size of the offering. Renaissance Capital speculated that it could ultimately raise up to $300 million in an IPO.Like other mortgage firms, California-based AmeriHome has captured a glut of business over the last year due to low interest rates and paltry inventory. Year-to-date, AmeriHome has booked $642 million in revenue for the 12 months that ended June 30, according to the S-1 filing.The Daily Download examines the most compelling articles reported from the HousingWire newsroom. Each afternoon, we provide our listeners with a deeper look into the stories coming across our newsroom that are helping Move Markets Forward. Hosted by the HW team and produced by Alcynna Lloyd and Victoria Wickham.Here are the latest IPO articles from HousingWire that are covered in this episode:AmeriHome plans to go public – Let's look at the numbersCaliber Home Loans plans $2B-plus IPOAs UWM attempts to build an empire, brokers and rivals weigh in on Mat Ishbia's $16B planUnited Wholesale Mortgage plans $16B public debut via acquisitionLoanDepot could make public debut this year at up to $15B

Welcome to East West Hurricane! 🌪We update you on the most essential news from Asia in tech, media, and business—the things you need to know that you probably haven’t heard in Western media.Follow us on Twitter and Instagram! ⚡️Apple Opens First Online Store in India - It’s Just The Beginning 🇮🇳On September 23, Apple launched its first online store in India. What does that mean? Now, Indians can go online to order Apple products and services directly. You might be surprised to learn that this is the first time this has ever been possible in India. In the past, you could only purchase Apple products through authorised local partners offline. It has also been hard for Apple to open a retail store in India considering local government regulations. These regulations are being relaxed and Apple plans to open their first offline retail store in India sometime next year. The Indian government has also offered billions of dollars in incentives for smartphone makers to move more of their operations to the country.Apple started manufacturing iPhones in India two years ago, which now allows Apple to sell more affordable phones for the market. This is the 38th country in the world where Apple has launched an online store. But as you know, India is the 2nd biggest country in the world by population. Opening an online store (and eventually offline retail) indicates just the beginning of Apple increasing their marketing investment within the country. India is becoming a more important market for Apple and we should start seeing more investment soon.Japan Wants More Foreign Entrepreneurs - Are You In? 🗾The Japanese government will now start offering a two-year entrepreneurship visa for foreign students graduating from a Japanese university who want to open up a business in the country. Previously, it was a lot more difficult to stay in Japan after your graduation. These sorts of programs usually come with lots of hidden details, but at the very least it signals that the Japanese government is taking an interest in attracting more foreign entrepreneurs to the country. At least within my world of friends, colleagues, and influences, Japan has a really strong, positive brand. These ‘country brands’ will matter more in the increasing world of remote work. And I’m personally predicting mass significant global migrations in both students and workers in the aftermath of the coronavirus. As a country, there are a lot of things you can’t control about what makes you attractive. But laws and regulations around visas play a big role in the decision-making to attract more people and you can definitely affect that. Let’s see how seriously the Japanese government wants to invest in this and let’s see how many people—especially entrepreneurs—end up moving to Japan over the next years. Even More Investing in Asia from KKR and SPACs 🌏KKR, one of the world’s biggest private equity funds, has just finished raising a new $11 Billion dollar fund to focus on investments in Asia. This is the biggest Asian-focused private equity fund ever raised. In related news, Hong Kong-based Pacific Century has combined with the investment fund of Silicon Valley tech billionaire Peter Thiel to create a new $625 Million SPAC focused on Asia. SPAC stands for Special Purpose Acquisition Company, which is a new financial tool to help private companies go public through an acquisition.This new Asia-focused SPAC is called Bridgetown Holdings and is specifically targeting companies in Southeast Asia within sectors like tech, financial services, and media. For small startups or bigger companies across Asia, this means that there are more foreign investors and potential acquirers. You can usually interpret a trail of money as a leading indicator for economic growth. These new Western investment vehicles focusing on Asia show us that the global investment community is looking even more to Asia’s fast-growing companies.*BONUS* TikTok Marketing & Advertising 101At the urging of some readers, I wanted to share something else I’m working on outside of East West Hurricane. If you are a company struggling to achieve the marketing results you really want, I would highly recommend you looking into TikTok. I fully believe it’s currently the world’s most underrated marketing channel. I’ve put together a crash course on TikTok, which you can check it out here.! This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit eastwesthurricane.substack.com