SPAC v. M&A: What founders need to know
Which is better for the founder: exiting via a SPAC or exiting via M&A? While SPACs are grabbing headlines, more M&A deals are getting done. Of the 313 SPACs raised since 2015, only 93 have succeeded in completing a target company merger. Meanwhile 4,367 merger deals closed in just Q2 of 2021 alone.
But more important to consider is that your life as a founder after the deal closes will be radically different: SPACs put you center-stage in the public spotlight, while being acquired makes you part of a larger team. To shed light on what it’s really like on the inside, we bring you these experts:
– Jim Cook, Founder & CFO, BenchBoard
– Mihir Jobalia, M&A Practice Lead, KPMG
– Channing Hamlet, Managing Partner, Objective
– Mark Addison, Founder, XRocket.io