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by alwayseasy 1978 days ago
> From the investors' side, SPACs are popular because they've been really successful! I don't have stats on this but just buying SPACs surely outperformed any index in the last 5 years.

According to Goldman Sachs, SPACs actually underperform traditional IPOs and the market after their merger.

Source: https://www.barrons.com/articles/spacs-performance-ipo-merge...