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Retail investors hear headlines like "Snapchat Shares Surge 40% in First Day of Trading" and kick themselves for not getting in on an IPO early.
Airbnb CEO Brian Chesky on Expansion Plans and Legal Battles
However, Money Morning Director of Tech & Venture Capital Research Michael A. Robinson has uncovered a special deal on your behalf. This opportunity could allow Money Morning readers to net the same big gains from IPOs as wealthy investors and big banks. And you can start today…
We'll have more on that in just a bit.
But first, here's more on who usually gets rich from public offerings and what you can do about it…
On the Airbnb IPO Date, Only a Select Few Will Get Rich
When Airbnb stock hits the market, hedge funds, big banks, and large institutions will make hundreds of millions of dollars on the first day of trading.
For example, the Snap Inc. (NYSE: SNAP) IPO offering price was $17 per share. But when Snapchat shares started trading on March 2, SNAP opened at $24 per share. That means in a matter of moments, wealthy insiders made a profit of 41%.
That profit wasn't made by a savvy investing strategy, an advanced algorithm, or a team of experts uncovering a market trend everyone else overlooked.
It was made because the insiders have friends in high places. That's it.