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Show HN: One thousand in – I've built an IPO “FOMO” web app
- sircon 6y agoAnd I made it open source if you want to take a look: https://github.com/sircon/onethousand https://github.com/sircon/onethousand I used Yahoo Finance hidden API for all stock related stuff, Next.js + Vercel and a lot of Tailwind CSS love! Hit me if you have any questions or feedback!
- capableweb 6y agoCool stuff, thanks for sharing :) More of a question about the technology rather than the product itself: Considering that you're a single developer and the codebase is very small (~1000 LoC of source code), why did you go with TypeScript here rather than just JavaScript?
- sircon 6y agoIt's just easier and faster for me, as I've been working full mode with TS for the last 3 or 4 years, so it's hard/weird to go back to just javascript. Those strong types are a life saver!
- tachyonbeam 6y agoI have two suggestions: 1. You have this grid with a few big company names on the right. When you click, it shows you a number and some other information. I feel like, when you click again, it should take you back to that grid, or you could have an "X" in the top-right corner to close that information and get back to the grid (home page). Right now you have to use the back browser button, which feels awkward. 2. To maximize the FOMO, you should show a graph of the stock price over time, which of course would look exponential. You can download that information in CSV format from yahoo finance. You probably don't need it to be updated everyday. You will need to adjust for stock splits.
- throwaway22832 6y agoUh... The back button IS the natural way to do it. I commend the OP for making the back button actually work how it's suppsoed to!
- tachyonbeam 6y agoI'm not saying the back button shouldn't work. I'm saying it would be nice to have a way to do it from the webapp's UI as well.
- smexy 6y agoAgreed. At this point people have been conditioned to expect the back button to lose their place or take them off the domain. So it's important to have a way in the webapp's UI even if you have the back button behaving properly.
- sircon 6y agoThanks! Number 2 takes a bit more time, but I'll implement it when I have time as it is a great idea. And I just implemented point 1 now, hope this helps!
- DSingularity 6y agoIs it possible to access prior issues from the newsletter?
- sircon 6y agoHere https://buttondown.email/ipobrief/archive https://buttondown.email/ipobrief/archive
- thewojo 6y agoNice job. Cool idea.
- sircon 6y agoThanks!
- otec 6y agoI can't find Bitcoin, why?
- dbt00 6y agoInteresting. I like the look and feel of the site. Two bits of critical feedback. One, if you can get it you should use the day 1 VWAP -- what you would have most likely paid had you actually bought on the open market. Two, if you invest 1000 in something and it's now worth 1200, you haven't made $1200, you've made $200. You use the $1200 value in your examples (although the percentage gain is correct).
- corobo 6y agoRe: two Especially when it loses money. See https://onethousand.in/GRPN https://onethousand.in/GRPN
- bluedevil2k 6y agoCan anyone beat MSFT with their $2.7M? I tried WMT (2.27M) and ADBE ($2.48M) but couldn't find one to beat Microsoft.
- airstrike 6y agoDon't think so, since it's been around for so long. I suppose you could if you compared annualized returns
- bluedevil2k 6y agoThe data seems to be limited to IPOs after 1962, as stocks like IBM and XOM aren't showing their actual total returns.
- intrasight 6y agoI noticed that as I had tried both of those tickers
- bluedevil2k 6y agoHome Depot (HD) has a result of $9.2M...which seems off to me.
- robjan 6y agoAltria (MO) returned nearly 12Mil since 62 (and even more since its IPO date) https://onethousand.in/MO https://onethousand.in/MO Home Depot (HD) nearly 10Mil https://onethousand.in/HD https://onethousand.in/HD
- intrasight 6y agoyou should add to the home page a chart showing the top 50
- voiper1 6y agoHmm, you're also giving a raw % gain when some were IPOs a long time ago and some were more recent. A CAGR/annualized gain compound gain would give a more accurate comparison. Also, what about dividends - they are reinvested?
- batterylow 6y ago"How much would I have today if I invested $1 000 in a IPO?" Should be: "How much would I have today if I had invested $1 000 in an IPO?"
- dragonwriter 6y agoActually, it should be: “"How much would I have today if I had invested $1 000 in an IPO?" since it is addressing a past counterfactual, not a current option.
- ac29 6y ago"Invested" is the correct past tense of invest. Its also the correct future tense! English is fun.
- batterylow 6y agoSure, my correction was "a" to "an", I updated the "had" based on another response! It was supposed to be a helpful comment, but I don't think it's helped.
- baxtr 6y agoInteresting site! I have a question for the native speakers here. The twitter handle is @IPObrief. I also wanted to call my site something with "brief" but then my American friends told me briefs are underwear... I guess it's different in the UK?
- wccrawford 6y agoThat's one meaning of 'briefs', yes. And I suppose if someone has never had to deal with information professionally, that might be their only exposure to the word. But that is not all it means.
- traverseda 6y agoBriefs with an S are a type of underwear. A brief is a statement, where as something being brief means it lasts only a short time. Brief is one of those words that is very overloaded, and which depends on context.
- gdsdfe 6y agoSo we can't see the old ones?
- virgilp 6y agohttps://onethousand.in/AMC https://onethousand.in/AMC People tend to remember the good outcomes. I'm not sure that "Never miss an IPO again and invest in companies from the start" is good advice.
- itake 6y agoThey should have a big banner explain survivorship bias.
- robjan 6y agoThe site is a marketing tool for their IPO notification newsletter so presumably that would not be in their interests
- forgingahead 6y agoAnd this is for Groupon: https://onethousand.in/GRPN https://onethousand.in/GRPN
- ericwood 6y agothis one was quite the experience: https://onethousand.in/APRN https://onethousand.in/APRN
- jfk13 6y agoMaybe there should be a way to see what the current value would be if you'd invested $1000, divided equally among all IPOs in a given year (or other time period). Anyone care to build it?
- zerof1l 6y agoIt would be more interesting to know the percent of IPOs that survive for at least 10 years and give you a high return-on-investment. In other words is it a viable strategy to invest something like $1000 in IPOs, wait 5-10 years, and make a profit.
- buckybadger14 6y agoDo this for SPACs.
- mittermayr 6y agoFantastic idea, visually exceptionally well done. Thanks for posting this. It would be really cool to have a Top 10 of the best and the worst investments (and perhaps a way to hide stocks that have been delisted/ceased in those top ten). I've tried a few stocks, but the ones you've listed may give a bit of a skewed idea of just how well IPO investments can pan out. Other than that, nothing to add, love it.
- lumost 6y agoTaking a look at the giants of today. https://onethousand.in/AMZN https://onethousand.in/AMZN https://onethousand.in/GOOG https://onethousand.in/GOOG https://onethousand.in/NFLX https://onethousand.in/NFLX https://onethousand.in/MSFT https://onethousand.in/MSFT https://onethousand.in/AAPL https://onethousand.in/AAPL A pretty clear pattern emerges, the good investments in tech are the ones which are dominant in their respective industries - and able to grow the market rather than fighting for market share. Unfortunately newer patterns in private financing may not allow retail investors to participate in this growth. Compare the above results to FB https://onethousand.in/FB https://onethousand.in/FB Although if FB repeats its last 8 years performance over the next 8 years it will net 36x gains since IPO over 16 years... and be a 4.5 trillion dollar corporation. Even the old guard of Intel, Cisco and others do well. Owning cisco since 1990 nets 832x growth, owning juniper since 1999 nets 1.4x.
- ssharp 6y agoYou could argue there was substantially more risk with some of those first five IPOs. Amazon looks nothing like it did in 1997. This was pre-AWS, pre-Prime, pre-just about everything. Apple survived a point in the late-90's/early 2000's where they could have easily gone belly-up. Netflix was only delivering DVD's by mail. I'm not familiar enough with the environment when Microsoft went public. Google was a solid company that dominated search at the time. They've obviously grown a ton since but their returns aren't remotely close to what Amazon, Netflix, Apple, or Microsoft would bring.
- axegon_ 6y agoHuh... I was thinking about investing exactly 1000$ in Tesla in 2010. Two things stopped me: my skepticism when it comes to stocks and I somehow didn't want to invest 1/3 of what I had at the time, though the path ahead of me was pretty solid. Looking at this, my only thought at the moment is 1 word, four letters, starts with "f". Take a guess :D
- BoorishBears 6y agoNo intelligent person would have held until now so there's nothing to regret It sounds counterintuitive since obviously you must be a genius if you foresaw the current valuation and held right? But there is no way anyone would have reasonably predicted Tesla being worth 4,000 a share by 2021 no matter how sure you were Tesla was going to obsolete every other carmaker. The only way you could have held this long was a naive strategy of holding indefinitely refusing to take profits no matter how volatile things got because you see Musk as the messiah or something... Which is a pretty foolish trading strategy to apply to 1/3rd of your holdings in a single ticker...
- tmzt 6y agoYou could include other major events, such as stock splits or even product launches, that were followed by explosive growth.
- chias 6y agoAssuming that this tool is not adjusting for inflation, the value of the initial investments vary considerably in spite of being anchored to $1,000. For example, comparing investing $1,000 in Apple's IPO in 1980 to investing $1000 in Facebook's IPO in 2012, the investment in Apple is almost triple the investment in Facebook: $1,000 in 1980 is $2,786 in 2012.
- rubyfan 6y agoHow would you do it differently? Would you adjust for inflation or look for a different indicator like a rate of return over time or compare to an index fund over the same time?
- chias 6y agoEach company you select shows you how many today's-dollars you'd have today given the "same" initial investment. Given that, it seems to me it would make the most sense for the initial investments to be the same value, instead of the same number. In this application, it would make more sense for each initial investment to have the same value instead of the same number, i.e. having an initial investment of however many dollars would be equivalent to $1000 2021-dollars.
- pottertheotter 6y agoIRR is a common way of evaluating returns.