Sonder Could Go Public at a $2.5 Billion Valuation Through a Merger With a Blank Check Company
Skift Take
The blank check frenzy may be sweeping up companies such as Sonder that would otherwise have had to wait their turn to go public. It would certainly be an interesting comeback for the quasi-hotel company whose prospects were not looking particularly bright a year ago.
After laying off more than 400 employees, about one-fifth of its staff, a year ago, quasi-hotel company Sonder not only survived the pandemic but is now being wooed to go public through a merger with a blank-check company.
Sonder, which signs master leases with landlords to turn units int
