Orlando Bravo Says Next SPAC May Be Bigger Than IronSource

The video discusses the SPAC deal between Tom Bravo and Iron Source, highlighting the virtual logistics due to the pandemic. Iron Source's decision to go public is driven by growth ambitions and market consolidation. Orlando Bravo shares insights on the SPAC business and future plans, emphasizing the potential of Iron Source and the benefits of public visibility.

What was a significant challenge in negotiating the SPAC deal during the pandemic?

• Technical difficulties

• Regulatory hurdles

• Inability to meet in person

• Lack of financial resources

Why did Iron Source choose to go public through a SPAC?

• To avoid regulatory scrutiny

• To gain public currency and visibility

• To reduce operational costs

• To merge with another company

What was one of the main reasons Iron Source wanted to remain private initially?

• To avoid public scrutiny

• To reduce tax liabilities

• To focus on international expansion

• To maintain control over growth

What is Orlando Bravo's view on the SPAC business?

• It is only for struggling businesses

• It is a crowded but promising field

• It is a temporary trend

• It is not suitable for large companies

What does Orlando Bravo consider a key factor for companies choosing to remain private?

• Access to international markets

• Full control over business decisions

• Lower operational costs

• Increased brand recognition