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The $2.2 billion Acorns SPAC and a $50 billion fintech roll-up strategy for public funds

This week, we cover these ideas:

  • The Acorns SPAC deal, including its valuation and detailed metrics

  • The growth levers and obstacles for point-solutions as they scale into the millions of users and hundred of millions of revenues

  • What a $50 billion fund should do to roll this stuff up

It is looking like a pretty good time to go consolidating individual financial product footprints. Leaving aside whether consolidated companies are good or bad for some particular reason, the simple observation is that there are just far too many point-solution brands out there. Too many to be left alone to operate. And now a number of them are going to be public, which means that a number of them are going to be up for sale.