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Bill Gates Concerned Over Abundance of Low-Quality SPACs Amid Fears of New Bubble on Market © AP Photo / Samuel Habtab Subscribe Sputnik International https://sputniknews.com/business/202104031082532339-bill-gates-concerned-over-abundance-of-low-quality-spacs-amid-fears-of-new-bubble-on-market/ Some economic analysts have already expressed concerns over IPO prices of SPACs dropping lower than the initial offerings and fear that SPACpocalypse is approaching. Microsoft founder, philanthropist, and investor in green technologies (and regular antagonist of conspiracy theories), Bill Gates, expressed in an interview with CNBC his concern over the growing number of SPACs (Special Purpose Acquisition Companies) and their degrading quality . Gates stopped short of predicting possible consequences of this trend, but suggested that something should change on the SPACs market, which has recently reached $97 billion.

Bill gatesEvolv technologySpacs special purpose acquisition companiesMicrosoftSpecial purpose acquisition companiesAaron pressmanGates warns about spac bubbleர சி து வாயில்கள்ஏவொல்வ் தொழில்நுட்பம்மைக்ரோசாஃப்ட்சிறப்பு நோக்கம் கையகப்படுத்தல் நிறுவனங்கள்ஆரோன் ப்ரெஸ்மந்