I wonder whether Monzo - or even other neobanks like Starling / Revolut - will opt for a shotgun-wedding and float via a SPAC this year. Probably a good way to avoid trying to sell into the oncoming gouging recession.
It’ll be harder to IPO during a recession. A SPAC is a shortcut.
Loads of IPOs have happened already this year but nothing to shout home about. Probably will get Brewdog, Deliveroo and Darktrace in 2021.
Almost had Roblox but that’ll be DPO instead.
But yeah 2020 made SPAC cool and 2021 is full steam ahead, the craziest that’s atm is CCIV doing a NKLA getting Lucid being pumped to $100 and finding out non of their cars actually work.
Interesting, wasn’t Stripe rumoured to IPO last year - so they would be quite likely to IPO at some point this year?
At least I might see some money back on those few Brewdog shares I have then!
I think it’s still a bit early for Space X to enter onto the stock market, so that doesn’t seem too likely to me - I suppose you never know.
Thanks for link, it’s interesting reading. Although SPACs do seem to be in a bubble lately - I agree with you!
Can we try keep the acronyms to a minimum and if they’re needed, explain what they mean please!
OMG, WTF, BBQ!
It’s the old TLA syndrome, which SPAC is beyond - that is in the FLA category.
It’s an ETLA.
Depends.
If you meant Belarus, then yes. If their federal neighbour, then they’re the FSB now
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