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yes, this is my intention
by durnygbur 5y ago
yes, this is my intention
- Trufa 5y agoLet me know if you know of anything.
- reacharavindh 5y agoSorry, I am a newbie to this sort of thing. I only ever buy stocks in the open market for my small portfolio of personal investments. Is it even possible to get shares _before_ an IPO? I thought there were only private investments and shares(after an IPO). One wouldn't call private investments the same as "shares" would they? Even if so, then why is the same bank/financial institution that manages the IPO involved in making a private investment in a company? Wouldn't you need to contact the founders of the company as they are the owners until the IPO?
- durnygbur 5y agoIn big shortcut - usually there are few banks and institutions involved in the process of the IPO. Some of them offer individual brokerage accounts and let their customers to subscribe to shares pre-IPO at the subscription price.
- reacharavindh 5y agoThanks for the explanation. That makes sense. I thought the SEC filing shows X number of shares being brought to the IPO, which meant they would hit the market at open, but then it never is too simple ;-)
- masterof0 5y agoAre you able to use SoFI? SoFi have a pre-IPO kinda thing, that lets you buy shares "before others".