What is a SPAC Explained | Special Purpose Acquisition Company

SPAC, short for special purpose acquisition company, have risen in popularity in the past 2 years, with companies such as WeWork, Nikola, and Donald Trump's social media SPAC (DWAC) going public via SPACs.
So how do SPACs actually work? Are SPACs better than traditional IPOs? Why are they suddenly so popular? And should you be concerned or should you invest in them? All of that and more is explained in this video.
Billionaires like Bill Ackman, Chamath Palihapitiya, Richard Branson, and former President Donald Trump have all gotten involved in SPACs. This video explains why they all want in.
RESOURCES:
Full CNBC Interview: www.cnbc.com/2021/01/25/lloyd...
SPAC statistics: www.statista.com/statistics/1...
Article: hbr.org/2021/07/spacs-what-yo...
Article: thehustle.co/what-the-hell-is...
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Chapters:
0:00​ -​ Intro
0:45​ - What is a SPAC?
3:57​ - SPAC Popularity
5:28​ - SPAC Concerns
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[@willzinner8813]

Very interesting how these SPACs are so hyped rt now thanks Kenji!

[@KenjiExplains]

Glad you liked the video!

[@amyazaire1114]

I definitely enjoyed learning about spac! Can't wait to start my career in Finance! 🎉 Thanks Kenji!

[@KenjiExplains]

Thank you! Best of luck in finance :)

[@amyazaire1114]

@@KenjiExplains Thank you! :D

[@camlex6310]

Great video!! Will be really interesting to see if the volume of SPACs continue to match up to IPOs in the future

[@KenjiExplains]

Thank you!

[@michaellakouadio6133]

Your videos are so good. I’m a finance major and this video was super well explained!!!!

[@KenjiExplains]

Thank you!

[@antoniogomes8701]

Great video Kenji!! It would be very interesting if you made a video explaining NFTs.
Congratulations on the channel. I am a finance student, and your channel is amazing.
Best wishes from Portugal!

[@jeremiahkorakali4587]

Great video Kenji!

[@KenjiExplains]

Glad you enjoyed it!

[@shivanshjoshi.1307]

what a brilliant explanation

[@garvit1359]

Please make more videos on careers 🙏

[@solomonbhandari-young4154]

Wonderful

[@TN-wi6ge]

Great job Kenji! Can you make some videos about your university journey like how you keep up with classes, maintain high GPA and make plan for your study?

[@KenjiExplains]

Thanks for the idea, will note it!

[@amyazaire1114]

@@KenjiExplains Yes, I would love for you to share your university journey with us! :)

[@apurvas7393]

Great video!

[@KenjiExplains]

Glad you enjoyed it

[@NoScratchLifestyle]

I just want to confirm this: So the SPAC is a public listed company and then acquires a private company.

[@mohakmathur3151]

Hi Kenji. Could you make a video detailing an investment strategy that you follow or are an admirer of?

[@KenjiExplains]

Noted thank you!

[@nikitad3224]

Hey Kenji, what software do you use to animate your videos?

[@KenjiExplains]

Hey it's after effects!

[@manushakthi9562]

Make a video on LBO

[@i123456987654]

as much as i don't like bill ackman...he was right about herbalife...but carl icahn was just too powerful and wiser so i'm team carl icahn