Some Startups Went From Rescue PPP Loans to SPAC Windfalls

Dozens of venture-funded tech startups announced deals with special-purpose acquisition companies within about a year of receiving taxpayer-funded forgivable loans designed to help small businesses pay their employees through the pandemic.

Some Startups Went From Rescue Ppp Loans To Spac Windfalls

The Wall Street Journal – by Heather Somerville

Dozens of venture-funded tech startups announced deals with special-purpose acquisition companies within about a year of receiving taxpayer-funded forgivable loans designed to help small businesses pay their employees through the pandemic.

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