Special Purpose Acquisition Companies (SPACs) represent a new alternative to access Growth Capital for European high potential companies. The current equity environment forces European Champions to seek financing in the US. Europe could be the home of the next generation of global market leaders in key industries of tomorrow. It has leading scientists and entrepreneurs developing state of the art solutions. Growth Capital in significant proportions, however, is only available in the US. With SPACs, Europe has the opportunity to keep its Champions - all that is needed are adequate capital market rules and regulations. Let's get it done.
Edward W. Said was a university professor at Columbia University. He was born in Jerusalem in 1935 and educated in Egypt and the United States. His other books include The Question of Palestine, Cu...
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