Demystifying SPACs: FinServ Acquisition Corp CEO & Former Barclays Vice Chair, Lee Einbinder

Summary: SPACs, SPACs, and more SPACs. It has been a SPAC mania over the last year, catapulting a fringe financial transaction to the front page of the Journal as hundreds of SPACs went public. Ryan Zauk sits down with Lee Einbinder, CEO of FinServ Acquisition Corp 1 and 2, and former Vice Chairman at Barclays. A long-time FIG and Fintech banker at Lehman and Barclays, Lee comes on the show to help demystify SPACs, what they do, and the advantages and concerns of them. They also dig into: - FinServ Acquisition Corp 1’s announced merger with Katapult - What Fintech was like in the late 90s (including a "baby" Elon Musk & Peter Thiel) - His retort to the Upstart CEO's critique of SPACs in our episode with him - The industry trends he’s most excited about in the coming year - And a rapid-fire round with a surprising answer about what students should do after graduating school in 2021. Katapult: https://katapult.com/ D&O Insurance: https://www.thehartford.com/management-liability-insurance/d-o-liability-insurance/explained For more Fintech insights, follow us below: Medium: medium.com/wharton-fintech WFT Twitter: twitter.com/whartonfintech Ryan's Twitter: twitter.com/RyanZauk LinkedIn: www.linkedin.com/company/wharton-fintech-club/