SPAC backed by Peter Thiel

The best investment strategy sometimes is not to be creative but just follow what the masters are doing. In many cases, the advantages of a SPAC outweigh the downside risks. In addition, the features of these types of investment vehicles provide opportunities to investors and target firms in reverse merger transactions above their traditional reverse merger peers.

"This year, 109 SPACs have raised more than $40 billion in initial public offerings on U.S. exchanges, according to data compiled by Bloomberg. That’s more than half the total raised by SPACs in all previous years, the data show."

Link: Bridgetown SPAC, Backed by Peter Thiel, Files to Go Public - Bloomberg