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Considering the rise of Special Purpose Acquisition Companies ( SPACs ) , why might some investors consider SPACs a smarter way to invest in new

Considering the rise of Special Purpose Acquisition Companies (SPACs), why might some investors consider SPACs a smarter way to invest in new businesses compare to traditional IPOs?
Because SPACs often promise high short-term returns.
Because SPACs typically involve less risk than traditional IPOs.
Because SPACs allow investors to invest in a company earlier and potentially reap larger benefits if the company performs well.
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