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Data: Half of SPAC Startups With Less Than $10M in Revenue Failed to Meet 2021 Financial Targets

Data: Half of SPAC Startups With Less Than $10M in Revenue Failed to Meet 2021 Financial Targets

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Startups have not been doing as well as had been advertised, with a Friday (Feb. 25) Wall Street Journal report finding that several of them stand to miss their revenue targets by huge amounts. Dozens of them, having gone public in the stock market frenzy born out of the pandemic, are now seeing diminishing returns […]

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