Tag: public

Tech

Lilium – Flying Electric Taxis – Another Crazy SPAC?

Post author By Steve
Post date March 7, 2021

The flying taxis are coming!

Lilium is a German company who are developing electric air taxis – they are currently in talks to go public via a SPAC.

It seems like they are running out of great companies to SPAC and seems like people are focused on select around buzz words – like mobility and electric vehicles.

Another German company with very similar aims, Volocopter, opted to raise new capital on the private market, bringing in €200 million (about $238 million) for a Series D.

Tags electric, flying taxis, german, lilium, merger, public, spac, taxis, volocopter

Business

Why is In-and-Out a Private Company and Not a Public Company?

Post author By Steve
Post date April 7, 2020

In-and-Out remains a private company because it is hard to run a public company and there are limited upsides.

Lynsi Snyder is the current owner and she is a billionaire without the stress of being public. Public companies require a lot more regulation.

Tags burger, food, in and out, in-and-out, markets, private, private company, public, public company