[melomal]

Thanks :) I'm not sure why but having a name for this culture just makes things a little easier to digest for me.

https://trends.google.com/trends/explore?q=SPACs&geo=US

I'm trying to find the first mention of a SPAC and which 'unicorn' was the catalyst to trigger this storm. BUT the key reason is that there are far fewer limitations on the promotion of the stock itself. The startup will be bleeding cash, and a IPO requires too much paperwork and hiding numbers gets harder, SPACs will let a startup raise cash when their metrics are poor and they need cash to keep the ride going.