Finabase

    • Login
    • Categories
    Home Watchlists Portfolios Map Forex Futures Crypto Comparisons Alerts Screeners Backtests vTrading Settings Forum
    1. Home
    2. Categories
    3. News
    4. Startups Beef Up Financial Staffs To Prep For SPAC IPO Path

    Startups Beef Up Financial Staffs To Prep For SPAC IPO Path

    News
    1
    1
    441
    Loading More Posts
    • Oldest to Newest
    • Newest to Oldest
    • Most Votes
    Reply
    • Reply as topic
    Log in to reply
    This topic has been deleted. Only users with topic management privileges can see it.
    • N
      newsreporter last edited by

      Summary:

       

      Startups, which are raising an abundance of cash, are moving to hire more chief financial officers (CFOs), The Wall Street Journal (WSJ) reported.

      Usually, startups would have just a few dozen employees and would be looking to stay light-footed, keeping their payrolls less burdened in their first few years, according to WSJ. Many would delay hiring CFOs until they became more robust organizations and had more of the means to do so.

      But now, balance sheets have been rising quickly, and special purpose acquisition companies (SPACs) have given a new route with which to go public, WSJ reported.

      So, many newer companies have been looking for CFOs earlier than they would have been. The number of CFO appointments for U.S. startups that have raised between $10 million and $100 million ...

       

       

      Read Full News: https://www.pymnts.com/startups/2021/startups-beef-up-financial-staffs-prep-spac-ipo-path/

      1 Reply Last reply Reply Quote 0
      • 1 / 1
      • First post
        Last post
      Copyright © 2022 finabase.io