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cnbc said that Roger Lee of Battery Ventures says that “SPAC” used to be a “bad four-letter word” in Silicon Valley.
Now, the board of every high-profile start-up is discussing special purpose acquisition companies as a legitimate way to go public, according to Jeff Crowe of Norwest Venture Partners.In the eyes of Lux Capital co-founder Peter Hebert, SPACs are “stealing from the 2021 IPO calendar.”
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CNBC International is the world leader for news on business, technology, China, trade, oil prices, the Middle East and markets.
