bullish

Planet Labs

Planet Labs: This Google Backed Data Firm Is Set to Soar

466 Views17 Dec 2021 15:50
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SUMMARY
  • Planet Labs has had one of the best de-SPAC market debuts in recent history, with only 2% of the shareholders deciding to redeem their shares
  • Planet had one of the strongest PIPE’s in SPAC history with the likes of BlackRock, Google, Koch, CPP Investments, and others investing $250 million into the deal
  • Planet has plenty going for it, including a monopoly over its core business, a significant runway for growth and a war chest to pursue strategic acquisitions
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