For a brief moment earlier in the ongoing pandemic, it appeared that there was a solution for the backlog of richly priced startups that needed to provide their backers with liquidity: SPACs. SPACs, or special purpose acquisition companies, are paper companies taken public with capital attached...
unicorn liquidity
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Instacart’s accelerating growth in 2022 could clear the final brush between it and a public offering, providing the technology and startup market with something akin to a countdown to the U.S. IPO window being kicked open by a major unicorn. The foodstuff delivery service has expanded its...