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14 days ago

Best of Persona (NBA) - Chad Wittman

Buy or Sell: Over 85% of NFX's surveyed investors think SPAC's will be less than 20% of all IPOs in 2021.

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Yeah, the timing on this 2021 I think, is the the forcing function to make this more difficult to answer questions because I think in the next five years or the next 10 years, I think that we will see greater than 20% of these companies packing. It's just so advantageous for founders. I mean, I don't think the general public understands how long of a journey it is for the average startup to go from, you know, building a business, getting it sustainable in some capacity. Getting it all the way to a liquidity event is it's just a very, very long road. So I think providing liquidity actually strengthens the ecosystem and improves it. Even those founders are still sticking to the thing. So I I think I understand. And I buy this this batter and the scope of 2021. But I think the more interesting questions over the next five years

🤝 Were you invited by Chad?

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C
14 days ago

Best of Persona (NBA) - Chad Wittman

Buy or Sell: Over 85% of NFX's surveyed investors think SPAC's will be less than 20% of all IPOs in 2021.

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