SPAC listing can’t just be a momentum play: Eos co-founder
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SPAC listing can’t just be a momentum play: Eos co-founder

Eli Rallo, 
Jairo Ibarra, James Thaler
August 16, 2021
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InsurTech investor Jonathan Kalman has warned start-ups against chasing a special purpose acquisition company (SPAC) listing for the sake of momentum alone, saying the business fundamentals must add up for such a move to make sense.

Kalman, co-founder of Eos Venture Partners, said going public via a SPAC deal introduced an “extraordinary amount of risk for everybody”, as the move from privately funded company to publicly funded SPAC could be incredibly volatile.

“From

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Topics

News InsurTech SPACs
ER
Eli Rallo
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Jairo Ibarra
Senior Reporter
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James Thaler
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