Press Play with Madeleine Brand
SPACs: New Wall Street investment craze is attracting celebrities like Serena Williams and Jay-Z
Special purpose acquisition companies (SPACs) have taken over Wall Street and Silicon Valley. It works like a fast track for startups to get in the stock market and get all the money that comes with being a public company.
Special purpose acquisition companies (SPACs) have taken over Wall Street and Silicon Valley. It works like a fast track for startups to get in the stock market and get all the money that comes with being a public company. Now celebrities like tennis star Serena Williams, musician Jay-Z, and former House Speaker Paul Ryan are creating their own SPACs.
The full episode
3 of 4- 0:00Legal strategies in Derek Chauvin trial, and new voting restrictions in Georgia
- 19:25New California Senator Alex Padilla on increasing COVID vaccinations and passing immigration reform
- 30:22SPACs: New Wall Street investment craze is attracting celebrities like Serena Williams and Jay-ZYou’re reading this
- 38:15Musician Mondo Cozmo on writing ‘New Medicine’ during pandemic and looking ahead to live shows