Pre IPO purchase
Has anyone bought shares pre-IPO? Other than employees and big investors can an outsider own it's stock, if yes how?
It's feasible but it needs to be valuable to the company. If you're just J Random Techguy, they probably won't care. Uber let a bunch of stars buy in early and then cash out in later rounds.
I enrolled for an account on EquityZen and closely following their offerings. Most of the offerings seem to be wildly different from previous rounds : upto 45% up or down. As such I see this route as risky as buying Stocks - at least with stocks they are regulated.
Why don’t you do crypto instead?
Thank you for your comments. Doing crypto to me feels more risky. I am a long term person, for that reason I don't trade daily, weekly or monthly. If I know that some company would be doing good then getting a position pre IPO may make sense. As with IPO typically the stock bounces quite high. I feel the risk given my long term position would be better than with crypto. With Sharespost and Equityzen can I transfer the stocks to regular brokerage accounts for normal transactions or have to sell on those two accounts?
I work for the PreIPO Group, we have shares of AirBnB, Impossible Foods, SoFi, SpaceX and more. We had shares of Snowflake at $51 and Palantir at $5.75. If you are interested reach out to me at 973-204-0059.
Secondary markets. Most probably you shouldn't do it if you don't know how to do it. It's a risky gamble. SharesPost and EquityZen are two of the most popular platforms that facilitate pre-ipo exchange.