Despite SPAC woes, record-breaking run of money into IPOs may continue

(CNBC) Venture capital is off to a sizzling start in 2021, though the market has hit some bumps lately that could be signaling a shifting landscape ahead. Early-year numbers have been eye-popping so far, with a record of $1 billion “unicorn” companies coming to market, as well as a surge in initial public offers overall and blank-check SPACs that have lured in huge chunks of investor cash.

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