You may have seen some press on something called a SPAC. SPAC stands for Special Purpose Acquisition Company. The basic idea is that an investment firm (VC, private equity, etc) sets up a new company and issues stock to investors through an IPO with the sole purpose of buying a private company. Selling to a SPAC allows a private company to start trading publicly on the stock exchanges without having to go through the hassle of an IPO since they…