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Real Estate Startups Seeking a Quick Public Listing are Increasingly Using SPAC’s to Avoid Time Consuming IPOs

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    Special Purpose Acquisition Companies (SPAC) are attracting late-stage Proptech startups because they enable them to quickly list their stock on public exchanges without months of scrutiny and roadshows. SPAC’s are publicly listed entities and exist for the sole purpose of merging with a private business. 

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    Posted by Jeff Mindham
    Prior to becoming a full-time writer in 2015, I was the Senior President of National Marketing for Prudential Real Estate (63,000 agents & 700 franchisees), and the Chief Marketing Officer at several real estate tech startups. Those included ForSaleByOwner.com, the nation’s largest online FSBO, Foxtons and USRealty.com, among others. I began my career on Madison Ave. working at some of New York’s largest ad agencies. I have a master’s degree from the University of San Francisco and a BA degree in Communications.