Monday, 31 August 2020

Reid Hoffman, Zynga's Mark Pincus aim to raise $600M for tech-focused SPAC

Reid Hoffman, Zynga's Mark Pincus aim to raise $600M for tech-focused SPACReinvent Technology Partners, a new special purpose acquisition company formed by famed investor and serial entrepreneur Reid Hoffman, Zynga founder Mark Pincus and veteran hedge fund manager Michael Thompson, filed Monday for a $600 million initial public offering. The SPAC was formed by Hoffman, Pincus and Thompson, formerly of BHR Capital, with the intention of merging with a technology company.




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