Anonymous
Is it wise to invest in a new IPO company?
Since Confluent just IPO-ed, was wondering if its worth to jump in on the opportunity.
5
Discussion (5)
Learn how to style your text
Ryan Toh, sharing ideas @ Just A Cuppa
27 Jun 2021
Biz Student at SMU
Reply
Save
In the past, it was very profitable to invest in a IPO company on launch day. However now there is an unusual hype behind IPOs, which caused most companies to be severely overvalued at IPO (see Coinbase). I would suggest waiting it out for a couple of weeks to see how the price reacts after the IPO. Cheers!
Reply
Save
Tan Choong Hwee
27 Jun 2021
Solutions Specialist at Providend
Didn't study Confluent IPO, so no comment on this specific investment.
In general, there is no shar...
Read 3 other comments with a Seedly account
You will also enjoy exclusive benefits and get access to members only features.
Sign up or login with an email here
Write your thoughts
Related Articles
Related Posts
Related Posts
Underwriters usually inflate prices prior to IPO, and the 3-6months lock up period will result in sell-offs eventually...Would be good to wait out, unless its a DPO then would be a different story