As Warby Parker, Freshworks, Amplitude and Toast look to list in the coming weeks, we shouldn’t forget the SPAC boom. This week, for example, Forge Global (Forge), a technology startup that operates a market for secondary transactions in private companies, announced that it would go public via a blank-check combination.
And while we’re not unpacking every single SPAC combination that crosses our radar, the Forge deal is a good one to spend time parsing.
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Why? Several reasons. First, we’re curious about how the company generates revenue