Scott Coyle, ClickIPO
In this episode of the Fintech Focus podcast, we dive into the world of IPOs and put you into the shoes of an average investor who’s looking to be more involved in the investing process of, say, something like Lyft, which is gearing up for its stock market debut this year.
IPOs are already intriguing enough in their own right, but not everyone has access to the IPO process itself. If you’re a large investor, good for you—you’re probably getting shares at the original price. But if you’re someone who doesn’t have millions of dollars and still wants to get in on an exciting tech company, like Lyft, the best you can hope for is to wait until some profits come rolling in.
That’s why Scott Coyle, a veteran who survived the 1980’s stock market roller coaster, created ClickIPO, an app that acts as the middleman between retail investors and IPO underwriters. ClickIPO lets would-be investors put their mark down on an IPO before it opens, which then turns into proof that there’s retail demand out there.
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