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Show HN: IPOs.fyi – Missing Out on IPOs Was Frustrating, So I Fixed It

ipos.fyi

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Re: Show HN: IPOs.fyi – Missing Out on IPOs Was Frustrating, So I Fixed It

#51

Post by thedufer »

nicoburns wrote: post #44
basch wrote: post #29

Earlier quoted context omitted.

It's not quite the same, but the ETF's; USA - IPO, FPX; and International - IPOS, FPXI, FPXE. They buy IPO's after they launch, and then sell them after a set duration, automatically managing inflow of new and outflow of old. Youre not able to buy specific companies, youre instead buying into the idea, trends, and behaviors of IPOs as a whole. They also dont capture the huge initial jump in price. Go with a 60:40 IPO…

> They also dont capture the huge initial jump in price. I don't understand why this is allowed. Why don't they structure IPOs as an auction, such that the initial sale is at the market price.

> Why don't they structure IPOs as an auction, such that the initial sale is at the market price.

Why do you think this would work? Google IPOed with a dutch auction, and went on to pop 30% in the first 2 days.

An auction allows you to find a market-clearing price, but does not allow the information-exchange to do proper price discovery, so it doesn't solve the problem. The IPO pop is typically explained as the reward for taking the risk of buying an unpriced asset.

Re: Show HN: IPOs.fyi – Missing Out on IPOs Was Frustrating, So I Fixed It

#52

Post by lethoso »

nicoburns wrote: post #44
basch wrote: post #29

Earlier quoted context omitted.

It's not quite the same, but the ETF's; USA - IPO, FPX; and International - IPOS, FPXI, FPXE. They buy IPO's after they launch, and then sell them after a set duration, automatically managing inflow of new and outflow of old. Youre not able to buy specific companies, youre instead buying into the idea, trends, and behaviors of IPOs as a whole. They also dont capture the huge initial jump in price. Go with a 60:40 IPO…

> They also dont capture the huge initial jump in price. I don't understand why this is allowed. Why don't they structure IPOs as an auction, such that the initial sale is at the market price.

On what basis do you think it should not be allowed?

Re: Show HN: IPOs.fyi – Missing Out on IPOs Was Frustrating, So I Fixed It

#54

Post by bozoUser »

jonnycat wrote: post #22

My brokerage (Fidelity) does this for free. But the problem is not knowing about the IPO, it's getting an allocation. As a retail investor, it would seem my position size is not big enough to get any shares. I know this varies by brokerage, so this may or may not be typical of others. If you could pool together retail investors to increase the possibility of getting shares allocated, that would be something special..…

Is the advantage of getting an allocation purely that the said investor buys the said stock at the price that is agreed upon in the price range of the filings with NASDAQ/NYSE ?

Also are these investors usually the HNW individuals who typically invest Millions thru the investment banking firms that are underwriting the said IPO, so win/win for the HNW and the banking firm in the way that it can guarantee the IPO'ing company that it can confidently underwrite and is also using the HNWs money to cover most of the risk ?

Please correct me if I am wrong in understanding this complex process.

Re: Show HN: IPOs.fyi – Missing Out on IPOs Was Frustrating, So I Fixed It

#55

Post by marc__1 »

epa wrote: post #41
charlesdenault wrote: post #24

Earlier quoted context omitted.

Does the product literally just scrape this data? Does it include the SPACs/direct listings/reverse mergers that seem to be increasingly popular?

An SPAC is a public company already, so it would not be included here.

That is not correct. SPAC must adhere to basically the same road show process, albeit quicker and cheaper than a traditional company [0].

Also, if you go to the Nasdaq website [1] there is a specific section on 'upcoming IPOs' and another called 'fillings', including SPACs.

Second, the major brokerage firms have dedicated sections for IPOs and allow 'qualified' customers to join the IPO price.

Lastly, you can filter the SEC Edgar database for companies who filed their IPO prospectus (S-1) [2].

[0]https://www.winston.com/images/content/1/4/v2/142711/SPACs-O... [1] https://www.nasdaq.com/market-activity/ipos [2] https://www.sec.gov/cgi-bin/browse-edgar?company=&CIK=&type=...

Re: Show HN: IPOs.fyi – Missing Out on IPOs Was Frustrating, So I Fixed It

#56

Post by [deleted] »

thedufer wrote: post #51
nicoburns wrote: post #44

Earlier quoted context omitted.

> They also dont capture the huge initial jump in price. I don't understand why this is allowed. Why don't they structure IPOs as an auction, such that the initial sale is at the market price.

> Why don't they structure IPOs as an auction, such that the initial sale is at the market price. Why do you think this would work? Google IPOed with a dutch auction, and went on to pop 30% in the first 2 days. An auction allows you to find a market-clearing price, but does not allow the information-exchange to do proper price discovery, so it doesn't solve the problem. The IPO pop is typically explained as the rewar…

[deleted]

Re: Show HN: IPOs.fyi – Missing Out on IPOs Was Frustrating, So I Fixed It

#57

Post by lefstathiou »

jkaykin wrote: post #2

A few times I saw news about a company that I liked and, upon Googling, noticed that it had gone public a few weeks prior. By this time, the stock had already shot up. So I set out to fix this problem and built IPOs.fyi. It's by no means finished but I am proud that I built my first software product and would love feedback. If you are interested, you can use promo code HN20 for 20% off the first month!

Congrats on the MVP. People who are serious about getting these notifications are likely subscribing to IPOscoop or something similar. Not meant to discourage but feels a bit beta to me. Get eye balls and iterate. There are a lot of problems buried in EDGAR filings that I believe people are willing to pay for.

Re: Show HN: IPOs.fyi – Missing Out on IPOs Was Frustrating, So I Fixed It

#58

Post by jkaykin »

lefstathiou wrote: post #57
jkaykin wrote: post #2

A few times I saw news about a company that I liked and, upon Googling, noticed that it had gone public a few weeks prior. By this time, the stock had already shot up. So I set out to fix this problem and built IPOs.fyi. It's by no means finished but I am proud that I built my first software product and would love feedback. If you are interested, you can use promo code HN20 for 20% off the first month!

Congrats on the MVP. People who are serious about getting these notifications are likely subscribing to IPOscoop or something similar. Not meant to discourage but feels a bit beta to me. Get eye balls and iterate. There are a lot of problems buried in EDGAR filings that I believe people are willing to pay for.

Thank you! I definitely agree, this is an MVP for sure. Any feedback you have? Any ideas on a direction I should take it?

Re: Show HN: IPOs.fyi – Missing Out on IPOs Was Frustrating, So I Fixed It

#59

Post by epa »

marc__1 wrote: post #55
epa wrote: post #41

Earlier quoted context omitted.

An SPAC is a public company already, so it would not be included here.

That is not correct. SPAC must adhere to basically the same road show process, albeit quicker and cheaper than a traditional company [0]. Also, if you go to the Nasdaq website [1] there is a specific section on 'upcoming IPOs' and another called 'fillings', including SPACs. Second, the major brokerage firms have dedicated sections for IPOs and allow 'qualified' customers to join the IPO price. Lastly, you can filter…

SPACs will do an IPO and will be included, i think OP meant SPAC's who acquire companies for which the acquired company now becomes public (these situations would not be included). Either way, see above links.

Re: Show HN: IPOs.fyi – Missing Out on IPOs Was Frustrating, So I Fixed It

#60

Post by nicoburns »

lethoso wrote: post #52
nicoburns wrote: post #44

Earlier quoted context omitted.

> They also dont capture the huge initial jump in price. I don't understand why this is allowed. Why don't they structure IPOs as an auction, such that the initial sale is at the market price.

On what basis do you think it should not be allowed?

It's basically a money grab for the people who are allowed to participate in the IPO. And those people aren't providing anything of value in return.
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