OZY Daily Dose

IPOs OMG Moment Is Here


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It fashioned itself as a financial instrument of and for the people. A tool for the masses and amateur stock dabblers. A way to place stock trading in the hands of everyday folk. Trading platform Robinhood is set to go public later this year, having been slated for restricting trading of GameStop stocks in January. But here’s the kicker: The estimated valuation of this upstart startup is an eye-watering $40 billion, making it very much now a big league player. What has this to do with me, you ask? Well, analysts say the GameStop saga illustrates that stock trading is turning mainstream, and with a record number of private companies opening for public trading in 2021, investment opportunities — and pitfalls — abound. In today’s Daily Dose, we take you on a journey into the white-hot world of initial public offerings, introduce the fresh new business hounds on every investor’s mind and serve you juicy insights into what it’s all about.
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OZY Daily DoseBy OZY