Unsplash.com<\/a>)<\/figcaption><\/figure>\nIn 2020, many prominent investors initiated SPACs or considering doing so this year.<\/p>\n
Historically, investing in SPACs has been less profitable for individual investors. Many SPACs underperform in the stock market and subsequently, their price comes down below the initial offering.<\/p>\n
On the other hand, SPACs are getting more popular among institutional investors. They have attracted some big names, including Credit Suisse, Deutsche Bank, and Goldman Sachs.<\/p>\n
In 2021, we will likely witness a new breed of SPACs focusing on growing sectors like technology or consumer retail. By issuing a high number of shares, it will be easier for smaller investors to be a part of the SPAC growth.<\/p>\n","protected":false},"excerpt":{"rendered":"
The objective of setting up special purpose acquisition companies (SPACs) is to raise money through an initial public offering to buy another company. In 2020, there were 247 new SPACs, which collectively got $83 billion in capital by issuing public shares. The average SPAC IPO in 2020 was a whopping $336 million. Investors can put […]<\/p>\n","protected":false},"author":23,"featured_media":3137,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[467,50,466,465],"_links":{"self":[{"href":"https:\/\/timestampmag.com\/wp-json\/wp\/v2\/posts\/3136"}],"collection":[{"href":"https:\/\/timestampmag.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/timestampmag.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/timestampmag.com\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/timestampmag.com\/wp-json\/wp\/v2\/comments?post=3136"}],"version-history":[{"count":1,"href":"https:\/\/timestampmag.com\/wp-json\/wp\/v2\/posts\/3136\/revisions"}],"predecessor-version":[{"id":3141,"href":"https:\/\/timestampmag.com\/wp-json\/wp\/v2\/posts\/3136\/revisions\/3141"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/timestampmag.com\/wp-json\/wp\/v2\/media\/3137"}],"wp:attachment":[{"href":"https:\/\/timestampmag.com\/wp-json\/wp\/v2\/media?parent=3136"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timestampmag.com\/wp-json\/wp\/v2\/categories?post=3136"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timestampmag.com\/wp-json\/wp\/v2\/tags?post=3136"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}