Show HN: See how much money people have committed to the Robinhood IPO
rhyzin.comWith the Robinhood IPO this week, I wanted to see how many people are reserving shares through Robinhood IPO access. Thoughts on the product, or the IPO itself?
Duolingo is also going IPO this week: https://www.rhyzin.com/stock/DUOL
You can also see our early community of users here: https://www.rhyzin.com/group/rhyzin
I would avoid the Robinhood IPO for now. The media and the roadshow promoters will attempt to hype it up 'to the moon'.
Like $COIN (even when that was a direct listing), I would expect a push higher in the initial price and then some large institutional investor has got to hit that sell button and take that profit.
Who knows, I could be easily wrong and I hope I am wrong. But in this game, you can also win by not buying into the initial hype and enter again when the hype is dead.
This is really neat, how are you getting those data from RH?
Right now, registered users can connect their Robinhood account similar to how you'd connect via Mint or Plaid. We support a few of the largest brokerages in the US right now.