Robinhood and Slack investments

Samsung / Product
sungsam

Go to company page Samsung Product

PRE
Yahoo, Adobe
 sungsam
Apr 24, 2019 98 Comments

Considering buying both Robinhood (@ $18.94) and Slack (@ $29.51) pre-IPO stock.

Any feedback on the stock prices? Good value? Too expensive? Too late to purchase these stocks? TIA

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 TOP 98 Comments
  • Where can you buy pre ipo stock?
    Apr 24, 2019 12
    • New / Biz Dev
      starlord42

      New Biz Dev

       starlord42
      @qUyB01 it depends. A registered broker dealer, like microventures will likely ask for documentation. Others don't. But all will have you sign legal documents attesting that you meet the accreditation qualifications.
      There's some risk in them not asking for proof, but it seems like it'd only be an issue if a non accredited investor puts money in, loses their investment, and sues saying they "didnt understand what they were investing in".Which they'd have to be an idiot to do because it would mean admitting to fraud (or whatever the legal term is for lying on a legal document)
      Jun 22, 2019
    • Makes sense thanks. Am sure this depends from company to company but are the securities fairly liquid?
      Jun 22, 2019
  • Google
    antispam

    Go to company page Google

    antispam
    I’m personally willing to short slack’s stock at anytime at any value with any leverage
    Apr 25, 2019 18
    • Square
      mkfi54

      Go to company page Square

      mkfi54
      As anti spam said, enterprise is all about who can sell better. And no one can sell better to enterprise than MICROSOFT. Unless SLACK can differentiate tremendously MICROSOFT will eat their lunch.
      Apr 27, 2019
    • New
      makeitbig

      New

      makeitbig
      MS is not even selling .. they are just bundling .. doesn’t mean it is being used.
      Apr 27, 2019
  • Cisco
    Eyeh

    Go to company page Cisco

    Eyeh
    Equityzen.com
    Apr 24, 2019 6
    • Google
      anononly

      Go to company page Google

      anononly
      @OP: which pre-IPO so far you invested through equityzen, and how much each investment was? If any of those went to IPO, how much return it was comparing the IPO price to your investment?

      Never thought of pre-IPO investment. But even if one sales on first day, it’s easy money!
      Apr 25, 2019
    • Samsung / Product
      sungsam

      Go to company page Samsung Product

      PRE
      Yahoo, Adobe
       sungsam
      OP
      I’ve bought Nextdoor previously. Haven’t been able to liquidate anything yet, so don’t have ROI info to share. First time investors can get in with $10K
      Apr 25, 2019
  • What does that put the valuation at for each?
    Apr 24, 2019 7
    • Just read an article that said $17 billion for slack at $28
      Apr 25, 2019
    • That’s one reason a lot of people don’t use EquityZen for super late stage companies - IPOs will dilute your value already. Also you won’t get shares until lockup, and by then it could tank to half value. So in the case of Slack, you might as well wait for lockup to buy it on the public markets if you really wanted the stock.
      Apr 26, 2019
  • SAP
    Man

    Go to company page SAP

    Man
    Pass on Slack. Massive companies in the Office ecosystem are moving to Teams.
    Apr 25, 2019 5