Study: among 44 tech startups that completed a SPAC deal from the start of 2020 through April 2021, their share prices had fallen 12.6% on average by May 17 (Heather Somerville/Wall Street Journal)

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Heather Somerville / Wall Street Journal:
Study: among 44 tech startups that completed a SPAC deal from the start of 2020 through April 2021, their share prices had fallen 12.6% on average by May 17  —  Entrepreneurs are increasingly wary about the money-raising tool after watching peers' stocks slide and investors balk

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