Robinhood IPO Access - Game changer?

Google
pEIe22

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pEIe22
May 21, 2021 41 Comments

Robinhood just launched IPO Access. Looks pretty cool. First time was able to see S-1 of a company in accessible manner. No minimum to invest. Game changer? Thoughts? #robinhood #investment #charlesschwab #etrade

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TOP 41 Comments
  • Like all robinhood features it will either be a scam or break constantly. Which is your guess?
    May 21, 2021 26
    • ^ that is whataboutism. I’ll throw company fines around in your face. But using suicide that way is something I don’t agree with
      May 23, 2021
    • Option trading is gambling, average investors shouldn't have access to it? First of all, all trading is gambling, the only difference is risk level. Secondly, is it written in law or constitution that average investors should have access to it? No! And this is where we democratize it, and make it available to everyone. And if you ask the question what's new from Robinhood? This, and the pre IPO trading, and many other things we make available to our customers such as fractional shares and instant deposit, on top of the UI. And no, we don't hide it from our customers and force them to call us to enable them.

      And let me get to the root of it, what's special about Robinhood? We democratize finance for all, and we believe it's not a game for the rich or the highly educated. Investing and financing should be free for all, without discrimination on wealth or education. You can personally disagree but you don't represent the majority, as our growth number indicates.
      May 23, 2021
  • Yes game changing. IPOs will look completely different in a year because of it. The Twitter and Reddit mob is being given a bullhorn because clicks love negativity (and absurd conspiracy theories). But their numbers seem to have all skyrocketed this year. Only a tiny fraction of their customer base, if they’re customers at all, are whining on social media still.
    May 21, 2021 0
  • PayPal
    frgxh6rdxv

    Go to company page PayPal

    frgxh6rdxv
    I like it and I'm looking forward to see how it plays out. Pretty cool initiative.

    From what I read, it looks like it's pre-IPO companies which have agreed to sell some shares on Robinhood. I'm guessing the success of this depends on how many companies partner with them
    May 21, 2021 0
  • Webull been doing this forever lol
    May 21, 2021 3
  • Rubrik
    jlo78

    Go to company page Rubrik

    jlo78
    It's a good move. It's going to force all other brokers to do the same. That's all I want to see.
    May 21, 2021 1