tldr:
Robinhood Markets has announced a new plan aimed at giving everyday investors access to private companies before they go public, an area that has usually been limited to venture capital firms and large institutions.
https://www.tradingview.com/news/coinpedia:f5efeac4d094b:0-robinhood-launches-1b-fund-to-let-retail-investors-buy-pre-ipo-shares/
Posted by sandygws
18 Comments
YEEEEEEES MORE GAMBLING
Literally can’t go tits up
It wasn’t that long ago when they didn’t want to ipo.
Spread the losses out evenly amongst each other.
Just want to give retail an added chance to buy OpenAi stock before the IPO and collapse
The government should just mandate that any company doing over x dollars in revenue must be mandated to go public and file with the ftc. These pre ipo company shares are a breeding ground for scams and abuse
Most ipo stocks tank to oblivion already. Now we get pre-ipo buys!
Right after Musky boi announces SpaceX IPO talks? Coincidence? 🤔
YEAH legalized scams!!!
https://preview.redd.it/0ip985jb09kg1.jpeg?width=527&format=pjpg&auto=webp&s=eb70df5679bc10cad32c15b08a617b239d67a2f9
I dont know hiw I feel about this. Those feel like really high valuations
One day their going to announce a 24/7 livestream where a guy flips a quarter on camera and viewers and purchase options on head or tails shares.
Retail getting pre-IPO access is a trap. Insiders dump on retail at the IPO pop. Institutions already have their shares at better prices. Wait for the lockup period to expire then buy if the fundamentals are solid. Dont chase IPO hype. The easy money is already made
You’re telling me I can dump my RSUs on retards here? Fuck yes
Nothing to lose, only to gain. For Robinhood.
Bullish on HOOD. I threw my pre order in.
Spacex 😎
The irony of buying pre ipo shares of a pre ipo fund.
I expect this fund to absolutely facerip before spy collapses 50%.