Investors are excited about the opportunities in the space market that are being unlocked by exit events and continued interest and private investment in the biggest and most successful space companies, including SpaceX. During a TC Sessions: Space 2021 panel discussion on the growth-stage investment outlook for startups, Bessemer’s Tess Hatch, Sequoia’s Shaun Maguire and Hemisphere Ventures’ Lisa Rich shared their thoughts on the active year that just passed and on what’s coming next.
We’ve shared highlights from the discussion below, followed by a video of the full discussion, “Backing the Brightest.”
First, in terms of the year that just passed, SPACs obviously played a big role in space startups and generating liquidity for investors.
Hatch:
It’s bringing liquidity back to the investor …