Over 66 SPACs were raised in 2020, according to PitchBook, up from 30 in 2019, amid a year of uncertainty that opened tech companies' eyes to an IPO alternative (Shakeel Hashim/Protocol)

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Shakeel Hashim / Protocol:
Over 66 SPACs were raised in 2020, according to PitchBook, up from 30 in 2019, amid a year of uncertainty that opened tech companies' eyes to an IPO alternative  —  For many in the tech industry, 2020 was a year of two acronyms.  There was COVID, obviously.  And then there were SPACs.

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