Chamath Palihapitiya says the SPAC growth will revive a shrinking inventory market concentrated in FANG

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This yr’s eye-popping growth in particular goal acquisition firms, or SPACs, may assist revive a shrinking inventory market that is grown extremely concentrated within the so-called FANG names, in line with Chamath Palihapitiya, who just unveiled a $4.8 billion blank-check deal for actual property start-up Opendoor.