In this country, a SPAC has now been listed on the Frankfurt Stock Exchange for the first time. Lakestar I, as he calls himself, was founded by the start-up investor Klaus Hommels and raised 275 million euros within two days. Martin Blessing plans to go public in Amsterdam soon. You hope or trust to invest in managers with experience and good contacts who choose an attractive destination. The rules of the companies usually give them two years for this. Investors are attracted by the prospect of being part of potential price rockets early on. Because the takeover targets come from trend sectors such as technology, e-commerce, fintech or health. If such companies go public, their prices regularly explode. WELT explains how small investors get involved.