The IPO Process

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  • Опубліковано 8 січ 2025

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  • @ThePlainBagel
    @ThePlainBagel  5 років тому +28

    Happy Friday everyone! What companies are you interested in that are IPO'ing this year?

    • @WoodT92
      @WoodT92 5 років тому +2

      Lyft

    • @dhess34
      @dhess34 5 років тому

      Palantir!

    • @karima.s3843
      @karima.s3843 5 років тому +1

      Hi, can you talk about earnings Quality and how companies may manipulate earnings to boost their share price

    • @Banzybanz
      @Banzybanz 5 років тому

      IRCTC

    • @poptasticanimation55
      @poptasticanimation55 4 роки тому

      Instantcart

  • @haleyw5677
    @haleyw5677 2 роки тому +19

    I remember being allowed to join my mom and the other founders at the ringing of the exchange bell for one of the companies she started. It was honestly one of the coolest things.

  • @bobsaget7326
    @bobsaget7326 5 років тому +61

    This video aged extremely well, good to warn against IPO's looking at how Lyft and Uber turned out!

  • @RBiscuit555
    @RBiscuit555 5 років тому +46

    Excellent channel with some of the best financial explanations I have ever seen! Keep up the good work, Richard. Question: Can you explain the tax benefits of stock-based compensation in America? Thanks.

  • @3rkid
    @3rkid 5 років тому +139

    It's Probably Overpriced...

  • @nachannachle2706
    @nachannachle2706 5 років тому +20

    Great video!
    The same thing can be said for ICOs (Initial Coin Offerings); only that ICOs don't even have a business behind them and the risks are therefore exponential for investors. :)

  • @torenboston286
    @torenboston286 2 місяці тому +1

    This video was gold. This video is helping me understand many topics being covered in my finance course.

  • @timscan7273
    @timscan7273 4 роки тому +4

    This is a great video. He really explains the IPO process in an impartial way. I note his comments on the "Risks of getting caught up in the hype of an IPO". Three major IPO's of large European companies spring to my mind!! All three were grossly over hyped and later turned out to be complete disasters for the stockholders. So this can certainly happen - Be aware of the risks of an IPO !

  • @ShivamSingh-jw8ey
    @ShivamSingh-jw8ey 4 роки тому +2

    I think you are the only one on UA-cam who can make me understand what a SPAC is. Its everywhere in the news but I don't exactly understand how it's different from an IPO and why is it the rage right now!

  • @MemeclipYT
    @MemeclipYT 3 роки тому +16

    “Uber the largest company”
    Roblox: let me beat that soon...

  • @jan-jans143
    @jan-jans143 3 роки тому +1

    plain bagel is simply the best stock youtuber. the dept of his topics is eye opening.

  • @frankligas2249
    @frankligas2249 4 роки тому +5

    Thanks for the video. New Video Suggestion: What are the advantages for a large growing company to not go through the IPO process? For example: SpaceX. Lots of people would love to have a piece of that company, but the owners show no sign that they want any outside money.
    Again, thanks for the video.

  • @niceshot4563
    @niceshot4563 5 років тому +30

    Uber is gonna be way overpriced. They will probably be around $150 a share. Then they are gonna face some big lawsuit over a driver crashing or something like that and get a lot of bad press, then they will drop to like $80 a share.

    • @CatobisGaming
      @CatobisGaming 5 років тому +2

      Nice Shot no doubt of that happening

    • @Jay_Script
      @Jay_Script 5 років тому +7

      You were right, they're trading way below their IPO share price

    • @metarus208
      @metarus208 4 роки тому +6

      they're now $22.5

    • @thetcgoutlet5737
      @thetcgoutlet5737 4 роки тому

      $per share =\= market cap

    • @omarmahfouz5599
      @omarmahfouz5599 4 роки тому

      They debuted at 45$

  • @yannickbruhlmann7362
    @yannickbruhlmann7362 4 роки тому +3

    Thanks for the nicely animated video! It would probably be helpful to make a distinction between short-term performance - i.e. underpricing and related motives - and also analyze the mid-to long-term perspective

  • @aryaa3998
    @aryaa3998 3 роки тому

    So grateful for discovering your channel! I listen to your videos while oiling myself after nightly showers

  • @montecilloivorymaed.168
    @montecilloivorymaed.168 3 роки тому +2

    Amazing!! I understand how IPO works. Thank you very much 😊

  • @jonghyunkim6582
    @jonghyunkim6582 5 років тому +1

    thank you for your posts. it's not easy to get this helpful information about finance here in my country. keep up the great work !

  • @TRENDVFY
    @TRENDVFY 4 роки тому +4

    7:48 now SNAP price at this moment is $44

  • @beaviswealth
    @beaviswealth 5 років тому +5

    Awesome explanation Rich! I’d say as a rule of thumb to avoid IPOs... as tempting as they are... 😂

    • @professorx4966
      @professorx4966 5 років тому

      Brandon Beavis Investing Always great to see some of my favorite content creators encouraging each other 👍🏾

  • @katieforbes3123
    @katieforbes3123 4 роки тому +2

    A specific video on the underperformance of IPOs would be great!

  • @NewMoneyYouTube
    @NewMoneyYouTube 5 років тому +2

    Wow this was a really informative video! Personally I have never looked into IPOs as I like to see a long history of financial data first. Even with that said though, this was a great video at explaining what you need to look for!

  • @cookiejar01
    @cookiejar01 5 років тому +7

    People who bought Lyft at the beginning of the day of their IPO are now down 10%. If you have watched this video you're probably not one of them!

  • @BekTesfa
    @BekTesfa 4 роки тому +2

    Hey Richard. Thank you the education. Does the investment bank pay the company upfront for the shares that are going public? What happens if the expected opening price per share falls? Who will lose? The bank or the company? What kind of security does the Investment bank get for the number of shares that it issues for public trading? Does the company have an account with the investment bank where it stores the shares just like we have a bank account for money? What is the relationship between the investment bank and stock exchange market? How do these entities make money?

    • @ThePlainBagel
      @ThePlainBagel  4 роки тому +4

      Hi Bereket, that depends on the arrangement. Sometimes the investment bank will take on the shares, essentially buying them all from the issuing company. In this case they would take on all the risk if shares under-sell. In other arrangements, there's no commitment and the investment bank simply helps the company sell their own shares (this is known as a "best efforts" arrangement). Hope that clears things up!

  • @ShakteeRamtohul
    @ShakteeRamtohul 5 років тому +2

    Valuable insights as usual....any chance you can make a video on Share Buy Backs....Thanks.

  • @InvestingBookSummaries
    @InvestingBookSummaries 5 років тому +3

    Splendid as always! Love your vids!

  • @WallaceRoseVincent
    @WallaceRoseVincent 5 років тому +3

    You should make a historical comment on how the IPO has changed. The IPO has changed and companies that issue IPOs aren't really market winners. They are companies who have been best backed by venture capitalist. The VC gets the best parts of the company and most of the value creation or growth. The VC becomes rich, and we the marker participants get much less. Capital markets have drastically changed and the market is rigged against average investors. Example, Uber is worth more than Ford and GM? Yeah, I've heard the discussions about future growth and sustainable business models ... but Uber is NOT more valuable in real assets. It's an example of VCs pumping and then dumping.

    • @ProfAzimov
      @ProfAzimov 2 роки тому

      What do you mean by assets. Do you mean nav

  • @fredriksjodin83
    @fredriksjodin83 5 років тому

    Thank you so much RIchard for explaining this in an easy to understand way. Liked! :D

  • @mishaigrok9038
    @mishaigrok9038 Рік тому

    does company sell its shares to investment banks? And then investment bank sell them on the stock exchange

  • @TawannaRucker
    @TawannaRucker 5 років тому +2

    Great channel. I'm enjoying your videos. I just subscribed!

  • @AllenHulvs
    @AllenHulvs 5 років тому +1

    He’s back!!! 💪🏼💪🏼💪🏼

  • @devononair
    @devononair Рік тому

    I tend to include IPOs and other riskier investments as a very small part of my portfolio (eg no more than 1% of my portfolio in any one company). Very much taking a punt with a small amount of money I can afford to lose and that won't have a large drag on my overall portfolio. IN fact, I have invested more in Bitcoin than in IPOs, which tells you all I need to know! Hahaha

  • @WTFLegacys
    @WTFLegacys 3 роки тому

    1:49 What is a sharesuance?

  • @zagreus2194
    @zagreus2194 2 роки тому

    this video was so clean and clear

  • @yugantargupta535
    @yugantargupta535 5 років тому +1

    Most big ticket IPOs are heavily oversubscribed. Their initial listing price is always higher than the IPO price. So doesn't it make sense to invest and get the maximum allocation and sell immediately? In fact investing in IPOs is the only way you can earn higher than index returns without the additional risk

    • @ThePlainBagel
      @ThePlainBagel  5 років тому +3

      Some people certainly employ that strategy, however it is difficult to consistently secure IPO allocations

  • @analih8576
    @analih8576 5 років тому +1

    Great explanation Mr.Bagel!

  • @siddharthsen2255
    @siddharthsen2255 5 років тому +1

    Can you please make a video on how one can invest in International market and how it works. Please

  • @angelbernardino5927
    @angelbernardino5927 4 роки тому

    What about selling them? Do I have to hit the price that I choose? does it have to be at that exact price or above it and around that price just not below it? Right?

  • @johanjonahanyi5107
    @johanjonahanyi5107 5 років тому +6

    Personally, I have always bought IPO & sold it within the first day/week of trading. Use the 'overpriced' notion to your advantage. But it is just me though🙄😁

  • @martinezcolonh
    @martinezcolonh 5 років тому +2

    Great video, thanks for the information

  • @mocking612
    @mocking612 Місяць тому

    Can you talk about how to find and vet investment banker for IPO

  • @adriancurrie6213
    @adriancurrie6213 Рік тому

    I have a question when a company decide to go public by an IPO how many months does the process takes?

  • @LennardChiang
    @LennardChiang 5 років тому +1

    Awesome explanations, keep it up !!

  • @Amandafanai1997
    @Amandafanai1997 2 роки тому

    What about Direct listing and secondary dilutive offerings

  • @She_Tried_It
    @She_Tried_It 3 роки тому

    Can you explain the IPO closing date and it it's 5 days, 10 days? Is it custom or a set date for all?

  • @TheGeorgeee13
    @TheGeorgeee13 4 роки тому

    So ca someone explain for example air b n b set their ipo at $68? But the began trading at 146? So does that mean you could of doubled your money if you bought in ?

  • @jrobcentral
    @jrobcentral Рік тому

    What constitutes a market to be favorable?

  • @CanadianMang
    @CanadianMang 4 роки тому

    How does a company determine the amount of shares initially available?

  • @brandonreed09
    @brandonreed09 5 років тому +4

    Well Uber dropped by 30% over the last year so most people who invested probably regret it.

    • @JCarlosAG
      @JCarlosAG 4 роки тому

      To this date Uber is up 22% from its IPO price

    • @brandonreed09
      @brandonreed09 4 роки тому

      @@JCarlosAG ya this post was a year ago, not to mention that if you invested in Amazon instead the stock would be up more than 70% for the year. So Move along Uber shill, Uber was a weak investment then and it's still a weak investment comparatively to other tech companies today.

    • @H2Ojellyfish
      @H2Ojellyfish 3 роки тому

      @@JCarlosAG where do I check the IPO price?

  • @user-or7ji5hv8y
    @user-or7ji5hv8y 3 роки тому

    Can you also do a video on Direct Listing introduced by NYSE?

  • @bihmthethird
    @bihmthethird 3 роки тому

    How do I reach startups who want to begin the process of going public or wants to get their company listed?

  • @inderjitbasran1493
    @inderjitbasran1493 3 роки тому

    Very interesting video. Can you please advise who receives the money during the IPO given that owner who owns 100% of the company is selling a part of his ownership to other investors? Does the money goes to the pocket of the owner or to the company to invest to raised capital in other projects?

    • @wealthlegend
      @wealthlegend 2 роки тому

      To the owner of course. Depends what the owner wants to do with the cash also. Harshly speaking 90% failed cause they use this as an exit strategy to raise cash but barely float in the business to promise future growth. But the SEC are supposed to be doing their job to protect investors so the company supposed to regain compliance and get regular audit review and file their financial statements publicly so investors can make future informed decisions on their owned shares. In the event where the owner decides to use the cash to grow the business and eventually raises value then stock price follow suits which then benefit investors.

  • @flash._.1289
    @flash._.1289 5 років тому

    Hi! Can i know that is ipo got limit in one year? (Ipo Slot)
    For example:One year only can 200 company ipo in nasdaq/nyse only? Is there any limit?
    thank you.

  • @omarmahfouz5599
    @omarmahfouz5599 4 роки тому

    Makes sense that companies can delay IPO due to market conditions, makes me think why Airbnb has submitted its IPO filing this monday despite the Corona-ridden stock market...🤔

  • @jz899
    @jz899 4 роки тому

    really good informative channel! keep it up!

  • @aronkloepping6776
    @aronkloepping6776 2 роки тому

    Excellent explanation !!!!

  • @randeepsandhu6457
    @randeepsandhu6457 2 роки тому

    Thanks for the great video.

  • @mescobar12me
    @mescobar12me 5 років тому +1

    Can you do a video on Shiller PE Ratio

    • @ThePlainBagel
      @ThePlainBagel  5 років тому +1

      One of my next few videos will actually briefly cover the topic :)

  • @salarmosazade5473
    @salarmosazade5473 2 роки тому

    Hello, can you tell me the names of the stock brokers IPO. How can I buy them?

  • @asqarasqarov2580
    @asqarasqarov2580 5 років тому

    IPO haqida malumotlar sof o'zbek tilida video chiqarsagiz iltimos

  • @ImperialEarthEmpire
    @ImperialEarthEmpire 3 місяці тому

    i will hold ipos for one year; if they doing well n paying dividends i will keep holding them, if not i will sell all...

  • @serenec4093
    @serenec4093 5 років тому

    thank you!! this is really useful!

  • @thelittleflowerthatcould
    @thelittleflowerthatcould 3 роки тому

    What happens when the IPO fails? Is there a document to know that they have failed their IPO?

  • @finehairstruggle3108
    @finehairstruggle3108 4 роки тому

    Thank you so much for this video

  • @dungtran-vk3ed
    @dungtran-vk3ed 4 роки тому

    very clear, thank you bro

  • @JFCotman
    @JFCotman 8 місяців тому

    Great, but I’d also add
    1 You don’t Need an Investment Banker
    In a capitalist society, citizens have the right to conduct business without government interference. So you don’t have to ask anyone. That said, you do need to be forthcoming about the shares you’re “making public”, so as to prevent fraud. That’s where number 2, the S-1 application comes in

  • @ahmxtb
    @ahmxtb 4 роки тому

    “Confidential IPOs” should be an interesting video idea.

  • @marcdevries4470
    @marcdevries4470 2 роки тому

    to me ipo stands for insider pranks outsider. I believe that you can't be a successful ipo investor if you only follow the technical data you really have to get to know the fundamental information like how are they making and how they are spending their cash, is their business foundation firm and stable, is their culture in the corporation productive and innovative, etc. however technical data is important to I'd say the technical side tells the price the fundamentals tells the probability of successful business operation

  • @supervidere7
    @supervidere7 3 роки тому

    You can't press SKIP, it's not an Advert' 😅

  • @10v3myself
    @10v3myself 4 роки тому

    Can someone in the US buy IPOs in other countries?

  • @behrensf84
    @behrensf84 5 років тому +1

    Best to buy after the employee lock period expires

  • @EricSmyth4Christ
    @EricSmyth4Christ 5 років тому +1

    Addictive videos

  • @malakicarroll7181
    @malakicarroll7181 2 роки тому

    great video!

  • @ethanjaewonchoi
    @ethanjaewonchoi 4 роки тому +1

    happy friday

  • @blackarchiteck4226
    @blackarchiteck4226 3 роки тому

    Thank you great video

  • @liuzhihao3239
    @liuzhihao3239 4 роки тому

    A year and a half later, SNOW became the biggest IPO in US history.

  • @BryinWillis-e8g
    @BryinWillis-e8g Рік тому

    Risks ?

  • @BryinWillis-e8g
    @BryinWillis-e8g Рік тому

    How ?

  • @maddog5458
    @maddog5458 5 років тому +2

    Great video even though I'm not interested in the subject much. But I still watch for the learning. :-)

  • @ZERO-CAPACITANCE
    @ZERO-CAPACITANCE Рік тому

    Excellent

  • @Alex-sy4gg
    @Alex-sy4gg Рік тому

    Great vid

  • @seankgomotso
    @seankgomotso 5 років тому +1

    waiting for Saudi Aramco IPO

  • @CindyChan-zg1xs
    @CindyChan-zg1xs 2 місяці тому

    love ur video ❤❤

  • @asqarasqarov2580
    @asqarasqarov2580 5 років тому

    Nega o'zbek tilida emas o'zbek tilida ham chiqarsagizlar bo'lmaydimi IPO haqida malumotlar

  • @lyndaek99
    @lyndaek99 4 роки тому

    Just enjoying the Canadian Abeut

  • @wassiouakadiri6552
    @wassiouakadiri6552 3 роки тому

    thank you

  • @gabrielprelaz1290
    @gabrielprelaz1290 4 роки тому +1

    Everybody liked that vid.

  • @jagdeepsran7599
    @jagdeepsran7599 3 роки тому

    Thanks

  • @H2Ojellyfish
    @H2Ojellyfish 3 роки тому

    IPO is basically a Fund

  • @metapod666
    @metapod666 4 роки тому

    can you a video on spacs vs ipos?

  • @mattwagner1027
    @mattwagner1027 4 роки тому

    Ty bro

  • @ajay32197
    @ajay32197 5 років тому

    Direct listing shaves off investment banker. Spotify for example.

  • @anandk2539
    @anandk2539 3 роки тому

    You rock!!!

  • @KevinDavidson-n7i
    @KevinDavidson-n7i 3 місяці тому

    Prudence Walk

  • @timothywright1318
    @timothywright1318 5 років тому

    Amazing video! Thanks!

  • @Flottschi
    @Flottschi 3 роки тому

  • @mikhabarroukhracing
    @mikhabarroukhracing 15 днів тому

    Can we talk??

  • @cyrusbehroozi2913
    @cyrusbehroozi2913 3 роки тому

    The Snap example aged like milk.

  • @isaacchua0405
    @isaacchua0405 3 роки тому

    The question is was all this legal? Absolutely fu*king not!

  • @WashingtonSimona-h7j
    @WashingtonSimona-h7j 4 місяці тому

    Deanna Ridges

  • @nimoadder
    @nimoadder 5 років тому +3

    roll your sleeves down, this isn't a Q&A