NSussman Techcrunch Exchange v3 BLU

While US SPACs falter, has Europe largely dodged a bullet? – Technology Flow

Blank-check companies may be little more than a quick way to de-horn unicorns

NSussman Techcrunch Exchange v3 BLU

We asked yesterday How low is a SPAC-led public debut and the answer Very close to zero. Some now-public companies that ran blank-check companies to the public markets have been stripped of 90% or more of their value.

It’s hard to overstate how far some SPAC mergers have fallen.


The exchange explores startups, markets and money.

Read it every morning on Technology Flow+ or get the Exchange newsletter every Saturday.


The good news is that the US SPAC market went bananas last year, with other countries’ public markets failing to generate as much blank-check corporate volume. Europe, for example, saw far fewer SPACs during the 2020-2021 boom than we tabulated in America. So have European startups dodged a bullet? Maybe, but not to the extent we first imagined. why It depends on the quality of the company.

Leave a Comment

Your email address will not be published.