{"id":1194968,"date":"2022-08-30T16:58:25","date_gmt":"2022-08-30T16:58:25","guid":{"rendered":"https:\/\/www.ghanamma.com\/2022\/08\/30\/as-us-spacs-flounder-did-europe-largely-dodge-a-bullet\/"},"modified":"2022-08-30T16:58:25","modified_gmt":"2022-08-30T16:58:25","slug":"as-us-spacs-flounder-did-europe-largely-dodge-a-bullet","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2022\/08\/30\/as-us-spacs-flounder-did-europe-largely-dodge-a-bullet\/","title":{"rendered":"As US SPACs flounder, did Europe largely dodge a bullet? \u2013"},"content":{"rendered":"<p><\/p>\n<div>\n<p id=\"speakable-summary\"><span class=\"featured__span-first-words\">Yesterday, we asked<\/span> how low SPAC-led public debuts could go, and the answer was <i>very close to zero<\/i>. Some now-public companies that rode blank-check companies to the public markets have seen 90% or more of their value deleted.<\/p>\n<p><span style=\"font-size: 1rem; letter-spacing: -0.1px;\">It\u2019s difficult to overstate how far some SPAC combinations have fallen.<\/span><\/p>\n<hr\/>\n<p style=\"text-align: center;\"><strong><em>The Exchange explores startups, markets and money. <\/em><\/strong><\/p>\n<p style=\"text-align: center;\"><strong><em>Read it every morning on + or get The Exchange newsletter every Saturday.<\/em><\/strong><\/p>\n<hr\/>\n<p>The good news is that while the U.S. SPAC market went bananas last year, other countries\u2019 public markets failed 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. Does that mean that European startups dodged a bullet? Perhaps, but not to the degree that we may have first anticipated. Why? It comes down to company quality.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Yesterday, we asked how low SPAC-led public debuts could go, and the answer was very close to zero. Some now-public companies that rode blank-check companies to the public markets have seen 90% or more of their value deleted. It\u2019s difficult to overstate how far some SPAC combinations have fallen. The Exchange explores startups, markets and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1172129,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[],"class_list":["post-1194968","post","type-post","status-publish","format-standard","has-post-thumbnail","category-celebrity-gossip"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1194968","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/comments?post=1194968"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1194968\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=1194968"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=1194968"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=1194968"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}