On: With $600M 'Blank Check' IPO, VCs Experiment on St...

[jedberg]

REmber though that a retail investor can buy this stock, and pay 25% to get in on a unicorn IPO.

To get in only paying 7% (i.e. at the IPO), you have to already be a wealthy investor so you can get some of the IPO stock.

The 18% difference is your fee for deal access basically.

I'm not saying it's right, but it explains why it makes sense.

[pgwhalen → jedberg]

Interesting thought, You should email Matt, I'm sure he would have a response that he would put in his column.

[jedberg → pgwhalen]

Ok, done!

[kamakazizuru → jedberg]

This! It's almost like a safer ICO -- following the line of thougth that ICOs are ways for non accredited common people to get in on something with big potential upside - but unsafe because of the large pump and dump and scam potential - whereas here you know that S+C & Palihipitiya are for real.