The co-founder of Zillow and Hotwire is the latest high-profile real estate figure to join the blank-check craze. Spencer Rascoff is co-chairing a special-purpose acquisition company (SPAC), also known as a blank-check company, that will be seeking to invest in a tech unicorn and take it public, according to Inman. Rascoff will be joined by co-chair Alexander Klabin, who will soon become executive chairman of Sotheby’s Financial Services. Robert Reid, a former senior managing director
source https://therealdeal.com/2020/09/29/zillow-co-founder-spencer-rascoff-to-start-blank-check-company/
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