Education and Training SPAC Investor Mandate Interview with Rory
Publicly Traded SPAC Focused on Education & Training Investor Mandate Interview
Sponsors and founders in education, training or ed tech, and investors curious about how a Nasdaq-listed SPAC sources deals.
Worth quoting
"When you have a very strong network, you see deals first, you see more deals, and then you can have that niche person in your network."
"In 2018 we launched the first ever SPAC thematically focused on education, training and human capital markets."
The short version
Ibis Capital launched the first SPAC focused on education, training and human capital markets in 2018. Rory explains that the firm is both an investment advisory house and a deal by deal investor in public and private markets, mainly through special purpose acquisition companies. Their vehicles are quoted on Nasdaq, which they see as an attractive home for this model.
Richard C. Wilson asks about geography, sector and niche. Rory says Ibis applies its own lens to location, size and sector. They look for businesses on a growth story from digitalization, and they note that ed tech valuations have risen. The talk closes with the value of a deep network and how Family Office Club members can connect.
Facts from this talk
- Ibis Capital launched its education and training SPAC in 2018, which Rory describes as the first of its kind.
- The Ibis SPAC vehicles are quoted on Nasdaq.
- Ibis has built a network reaching 10,000 companies worldwide through research and conferences.
Sources
From Richard C. Wilson's Centimillionaire Strategies YouTube channel: Publicly Traded SPAC Focused on Education & Training Investor Mandate Interview. Quotes come from the video captions, lightly edited for readability. Figures are the speakers' own estimates and experience.
General education only. Not legal, tax or investment advice.
Talk to a securities attorney to explore options around SPAC structures, public listing requirements and offering documents. Do not use AI to write your own legal agreements.
5 key takeaways
- SPACs are often publicly traded. Richard says a special purpose acquisition company is often publicly traded. Rory confirms that Ibis uses Nasdaq as the quoted market for its vehicles.
- Ibis applies its own focus. Rory says Ibis narrows its focus on geography, size and sector based on its own heritage.
- A themed SPAC in education. In 2018 Ibis launched the first SPAC thematically focused on education, training and human capital markets. Rory says education and training markets are three times the size of the media sector where the firm built its digital transformation expertise.
- Balance growth against entry price. Ibis looks for businesses on a growth story that benefit from digitalization. Rory notes that ed tech companies have been growing in value, so entry points can be difficult.
- Network drives deals and diligence. Rory says building expertise and a network is the key differentiator. Richard adds that a strong network shows you deals first and gives you specialists for due diligence or co-investing. Ibis builds its network through proprietary research and conferences, reaching 10,000 companies worldwide.
Related questions
- How do I close a funding round?I close a funding round by focusing on investors who fit the opportunity and moving each interested prospect through clear, consistent follow-up.
- What documents do investors request during due diligence?Prepare a clear, organized package covering your operations, investments, compensation, team, and track record.
- How do I raise capital for my business?I raise capital by building a repeatable system for attracting the right investors, establishing credibility, and developing relationships before asking for money.
Questions about this video
What type of investor is Ibis Capital?
Rory describes Ibis Capital as an investment advisory house that does deal by deal investments in public and private markets. It works mainly through special purpose acquisition companies.
What sector does the Ibis SPAC focus on?
The SPAC focuses on education, training and human capital markets. Rory says the firm looks for businesses on a growth story that benefit from digitalization.
How does Ibis find and vet deals?
Rory says the firm relies on its network, built through proprietary research and conferences it organizes. That network now spans 10,000 companies worldwide.
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