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Chamath Palihapitiya Says SPACs Were 'Fueled By A Moment In Time Of Just Enormous Liquidity': What's Next For Private Companies?

Benzinga

Venture capitalist Chamath Palihapitiya was one of the most followed people in the financial world from 2019 to 2022 thanks to his role in the growth of SPACs as investment vehicles to take companies public. Palihapitiya recently reflected on SPACs, the valuation of private companies and other topics during an investor event.

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Past Event: SPACs: The Next Gen IPO or Just a Fad?

Cooley M&A

The group covered a wide range of topics during the 90-minute session, including three key themes highlighted below. Names such as Bill Ackman, TPG and Chamath Palihapitiya have entered the space with some new serial SPACers. What’s Driving the Interest in SPACs.