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Why I'd Love to See a Chamath Palihapitiya SPAC Take Instacart Public

Why I'd Love to See a Chamath Palihapitiya SPAC Take Instacart Public

2020 was, among other things, the year of the special purpose acquisition company, or SPAC. Data from Goldman Sachs found that 200 "blank check" companies were formed last year, raising more than $73 billion in total proceeds, an increase of nearly 500% from the prior year. You can't mention the growth of SPACs without discussing Chamath Palihapitiya.