The investment world is never free of a popular new kid on the block; special purpose acquisition companies are attracting significant investor interest as they help companies transition from private to public. Will these shell companies go down in investment history as another short-term craze, or will they become a permanent part of the IPO process? The jury is undecided, but the SPAC is an avenue that investors should consider.
There are times when no one wants to see history repeat itself, and that’s the case among today’s investors in technology stocks. Some fear that the dot-com bubble burst of 2000 may repeat itself 20 years later. Although some tech stocks may be overvalued, the flourishing Fourth Industrial Revolution displays no signs of running out of steam any time soon. Caution is advised but not panic.