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SPACs are here to stay, says former NYSE CFO Amy Butte

"I do think that we're on the verge of what I call 'SPAC 2.0' which is a different way of doing SPACs," Amy Butte, principal at Iron Spark and former chief financial officer of the New York Stock Exchange, told CNBC's "Squawk Box" Monday. "SPACs are starting to disintermediate late-stage VC."
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Mon, Apr 12 20219:01 AM EDT