All posts tagged: SPAC

The $2 billion deli

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SvD Näringsliv

This column was first published in SvD Näringsliv, in Swedish, on May 10th, 2021. It has a turnover of a few thousand dollars but has a multi-billion valuation on the stock exchange. This is what happened when a small restaurant in New Jersey ended up at the center of the debate about how the financial market is really doing. The American flags are flying outside a gray, anonymous room in Paulsboro, New Jersey. The sign outside […]

Anxiety bubbles with super hot SPACs

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SvD Näringsliv

This column was first published in SvD Näringsliv, in Swedish, on April 16th, 2021. Blank checks worth $100 billion. That’s how much money that has been sent straight into the super hot investment form SPAC just this year. Now the clouds of unrest are rolling in. American investors have begun to question the valuations of the untested companies – and put their hand on the handbrake. Sweden got its first SPAC less than a month ago. […]