Yes, the advantage is getting the actual IPO price, rather than buying on the open market. For example, BYND IPO'd at $25, but shares hit the open market in th

Yes, the advantage is getting the actual IPO price, rather than buying on the open market. For example, BYND IPO'd at $25, but shares hit the open market in the mid $40s (and climbed very quickly into the $60s). That kind of performance is obviously not guaranteed, but is not exactly atypical for hot offerings.