{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"ACQ2 by Acquired","title":"Primer on SPACs with Kevin Hartz and Troy Steckenrider of A* and AONE","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/0e388dca\"></iframe>","width":"100%","height":180,"duration":3909,"description":"We dive into everything you need to know about SPACs — what they are, why they're a compelling alternative to IPO/DPOs, and how they might play an even more important role in startup financing going forward — with two of the very best people to teach us: Kevin Hartz and Troy \"SPAC Professor\" Steckenrider of the newly-minted $200m SPAC, AONE.TLDR:SPACs are an alternative path for companies to go public, however until recently they were mostly obscure and little-known/used.Meanwhile, the traditional IPO process has become onerous and broken: it takes 9+ months of company time, yet investors get only 15 minutes of management access and must make a decision inLinks:A* and ONE: https://www.a-star.coJohn Luttig's great Medium piece on SPACs: https://luttig.substack.com/p/spac-attack-everything-a-founderBill Gurley on SPACs as an attractive alternative to IPOs/DPOs (posted after recording):  https://abovethecrowd.com/2020/08/23/going-public-circa-2020-door-3-the-spac/","thumbnail_url":"https://img.transistorcdn.com/KzDqskE6HPXIsKBm4ZG61aBjmKwhyuCyfsigJhOl0i0/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS85N2Y2/ZWJiZmNiOWEwNWVj/MzExMzhhZGE3MzFk/NDVmYi5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}