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SQ up 5.8x since Nov 2015 TEAM up 4.1x since Dec 2015 TWLO up 4.7x since Jun 2016 SHOP up 7.4x since May 2015 OKTA up 4x since Apr 2017 ZS up 2x since Mar

by defen 8y ago

SQ up 5.8x since Nov 2015 TEAM up 4.1x since Dec 2015 TWLO up 4.7x since Jun 2016 SHOP up 7.4x since May 2015 OKTA up 4x since Apr 2017 ZS up 2x since Mar 2018 Retail investors can definitely still make money.

mbesto 8y ago
400% more than alpha in fact: https://www.bvp.com/bvp-nasdaq-emerging-cloud-index https://www.bvp.com/bvp-nasdaq-emerging-cloud-index (granted not all of those are IPOs in the last decade)
Zarath 8y ago
MongoDB is another I believe
xan_ps007 8y ago
How does the IPO works in US? Do retail investors get to subscribe to the IPO shares before the listing date? Or the retails investors can only "buy" the shares once they start trading on the exchanges?
- defen 8y ago
  > Do retail investors get to subscribe to the IPO shares before the listing date? Generally no, especially if it's in high demand. My broker allows retail investors to place bids if they have over $250k in their account and agree, as a condition of having access to future IPOs, not to sell within 30 days. However there's still no guarantee of having your order filled. The prices I quoted were from the first day of trading, not the IPO.
  - sushid 8y ago
    Which brokerage is this?
    - defen 8y ago
      TD Ameritrade. You can either have 250k in your account or 30+ trades in the past 3 months. You'll need to fill out FINRA Form 5130.
nathan_f77 8y ago
When you look at these results, it doesn't seem too risky to invest in a tech IPO, especially if the company "makes sense" [1]. These companies sound like solid businesses: Atlassian, Shopify, Square, Twilio. This metric would have probably excluded Facebook, Twitter, Snapchat, and Lyft. I think Uber will also be a gamble. But PagerDuty seems like a solid company that will do well, and a far less risky investment than a social / ridesharing service. Can anyone point out cases where a "reasonable" [1] company ended up underperforming or crashing a few years after an IPO? [1] E.g. HN comments are generally positive, instead of "this is ridiculous".

by defen 8y ago

mbesto 8y ago

400% more than alpha in fact: https://www.bvp.com/bvp-nasdaq-emerging-cloud-index https://www.bvp.com/bvp-nasdaq-emerging-cloud-index (granted not all of those are IPOs in the last decade)

Zarath 8y ago

MongoDB is another I believe

xan_ps007 8y ago

How does the IPO works in US? Do retail investors get to subscribe to the IPO shares before the listing date? Or the retails investors can only "buy" the shares once they start trading on the exchanges?

defen 8y ago
> Do retail investors get to subscribe to the IPO shares before the listing date? Generally no, especially if it's in high demand. My broker allows retail investors to place bids if they have over $250k in their account and agree, as a condition of having access to future IPOs, not to sell within 30 days. However there's still no guarantee of having your order filled. The prices I quoted were from the first day of trading, not the IPO.
- sushid 8y ago
  Which brokerage is this?
  - defen 8y ago
    TD Ameritrade. You can either have 250k in your account or 30+ trades in the past 3 months. You'll need to fill out FINRA Form 5130.

nathan_f77 8y ago

When you look at these results, it doesn't seem too risky to invest in a tech IPO, especially if the company "makes sense" [1]. These companies sound like solid businesses: Atlassian, Shopify, Square, Twilio. This metric would have probably excluded Facebook, Twitter, Snapchat, and Lyft. I think Uber will also be a gamble. But PagerDuty seems like a solid company that will do well, and a far less risky investment than a social / ridesharing service. Can anyone point out cases where a "reasonable" [1] company ended up underperforming or crashing a few years after an IPO? [1] E.g. HN comments are generally positive, instead of "this is ridiculous".