IPOs are probably one of the worst gambles retail investors can make. Almost all of the financials are juiced, and more often than not the stock tanks in the near term post-IPO. You can't really make an informed buying decision, best to let the dust settle.
downrightmike · 15h ago
All value has been extracted by VC before the IPO. All the IPO does is dump the stock on institutions and retail investors.
el_nahual · 14h ago
This is trivially proven false, at least as a generalization. Looking at recent-ish IPOs:
Spotify: up 380% since IPO
Service Now: 4,000%
Shopify: 685%
Meta: 1,600%
candiddevmike · 14h ago
There are at least 150-250 IPOs every year, good luck picking winners like those four.
FreakLegion · 12h ago
If https://site.warrington.ufl.edu/ritter/files/IPOs-VC-backed.... is right, the last time there were 150+ tech IPOs in a year was 2000 (1992-2000 were all anomalously high). 2021 is the only year to break 100 since then, and only three other years cracked 50.
asah · 14h ago
um, perhaps it's worth reviewing the stock charts for MAANG whose early investors extracted a tiny % of the their total marketcaps.
The subtlety is that you can buy shares on the open market post-IPO, so when you buy "pre-IPO" you're just getting the one-time "pop."
davedx · 15h ago
SpaceX and Stripe in the list despite no intention to go public… just name checks. A bit silly
brutherford · 15h ago
And they are at the bottom of the list with no near-term prospects which it says when you click them (it’s hard to exclude them in any discussion about big tech IPOs given the general interest in those names).
MOARDONGZPLZ · 14h ago
Maybe more granularity is needed in the scale. I appreciate the ChatGPT or whatever pulling in news to back up the claim, but some have materially different claims yet the same confidence ranking. I do appreciate that even filed docs make a company 4/5 though and not 5/5.
malshe · 15h ago
What's going on with Cerebras IPO? Someone is selling a lot of Cerebras shares on private companies marketplaces for the last few months. I have seen shares priced anywhere from $30 to $55.
boredatoms · 14h ago
There are so many startups but this list is so short
Spotify: up 380% since IPO
Service Now: 4,000%
Shopify: 685%
Meta: 1,600%
The subtlety is that you can buy shares on the open market post-IPO, so when you buy "pre-IPO" you're just getting the one-time "pop."