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Reid Hoffman and Mark Pincus on the rise of Silicon Valley SPACs

Reid Hoffman and Mark Pincus on the rise of Silicon Valley SPACs

Axios Re:Cap

September 23, 202013m 59s

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Show Notes

 Silicon Valley venture capitalists are no longer content with investing in startups and then eventually handing them off. Instead, many are now forming SPACs, or blank check acquisition companies, to ride tech unicorns into the public markets themselves. Dan discusses this trend with the co-founders of one such tech SPAC: Reid Hoffman, co-founder of LinkedIn and partner with VC firm Greylock, and Mark Pincus, founder and former CEO of Zynga.