1) Lauren Norelli from ROOT Insurance said in class: We ultimately decided to go public through an IPO instead of a SPAC because we were able to do a private placement in connection with our IPO which gave us the same benefits of doing a SPAC without the downsides. What is a SPAC?

2) What is the advantage to a company of using a SPAC to go public, instead of through a traditional IPO listing process?

3) What are the disadvantages?

4) What would have been the difficulties for the ROOT Insurance team of trying to use a SPAC?

5) How long before an IPO does a company typically start to think about the process? 6) What is the typical timeline for an IPO process itself?

7) How was the ROOT Insurance process unique?

8) What did our speakers tell us about determining whether and when a company is ready to go public?

9) What are some important factors in that decision that the company, its founders and the board should consider?

10) How critical is timing the market and why?