Stuck at $200M Revenue? This Might Be Your Best Move (Naseem Saloojee on SPACs)

Naseem Saloojee, co-founder of Suma Capital, breaks down one of the most misunderstood opportunities in today’s market: SPACs - and why they may be making a comeback. In this conversation, we explore how founders, investors, and operators can navigate a market where traditional venture funding has slowed, IPO timelines have stretched, and liquidity has become harder to access. Naseem shares how his team is identifying overlooked companies - profitable, growing businesses that no longer fit the venture hype cycle - and helping them access public markets in a different way. We also unpack: What an “independent sponsor” actually does Why mid-market companies are stuck in today’s funding environment How public markets differ from private capital What makes a company a strong SPAC candidate The future of Canadian companies accessing U.S. capital markets