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The Latest on PAC Burn Rates…

You’ve heard that you have to “spend money to make money” and that applies to PAC’s as well. But are there benchmarks on PAC operating expenses?

Dan Backer of Backer Capital Strategies released some detailed, useful research on PAC operating expenses. Rather than cherry-picking top PAC’s, he examined PAC operating expenses by receipts for a more accurate picture.

It’s worth a look…