> Indication of interest for ANTHROPIC, PBC

So Fidelity no longer requires you to be an accredited investor to participate in an IPO? I guess that went along with eliminating the Pattern Day Trading rule on accounts below $25k

ANT to da moon!
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Just doing God's work.
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I am an accredited investor.

wrote:

So Fidelity no longer requires you to be an accredited investor to participate in an IPO? I guess that went along with eliminating the Pattern Day Trading rule on accounts below $25k

ANT to da moon!
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Just doing God's work.
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wrote:

I predict that their valuation will slide a bit and then fall off rapidly after it opens.

Better money goes to utilities at this point, They actually make money.

$10k is a small bet.

People were pessimistic about GOOG in 2004. I listened to that pessimism and didn't invest. Go ahead and look at what $10k in 2004 GOOG IPO would be worth today.

wrote:

I just did look at that, and the window for getting in on Google returns was pretty wide, though the initial offering has a 128% value now, but only about 38% out to five years. But it was a visble buy-in for a long time until recently.

"though the initial offering has a 128% value now"

No.



It would be worth about $1.5M today.

You really should not be allowed near a brokerage account.

wrote:

I don't recall the percent number; what does it matter? The point is that there’s a big difference between the ipo and years later versus several years later.

I don't see any reason for this particular company to be valued highly; what they’ve done others can and will do.

The search engine was a utility, th emonmey was made on ads and cross linking. I'd buy in but am tending my tax bracket. What was interesting is that I could still buy in in a few years and see significant returns.

Please do knee-jerk some more; it's all the exercise you get.

You need to have your hindsight bias treated.

MOMMY, GOOG WAS ALWAYS A SURE THING!! EVERYONE KNEW IT IN 2004!!
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