Larry Wieseneck

Larry Wieseneck, Co-President of Cowen and a seasoned capital markets expert, discusses the unexpected boom of SPACs amid the pandemic. He reveals how 2020 saw SPACs raise a staggering $60 billion, reshaping investor perceptions and capital markets. Wieseneck highlights the advantages of SPACs over traditional IPOs, particularly for tech firms with less historical performance. He also delves into the strategic shifts companies made during volatility and the future implications for public markets, offering insights into this modern financing phenomenon.