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).
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.
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.
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.
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.
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[ 5.3 ms ] story [ 44.0 ms ] threadThe 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."
Spotify: up 380% since IPO
Service Now: 4,000%
Shopify: 685%
Meta: 1,600%