The Hiive 50, New IPO Broker, Google Takes a Wiz

Here’s the latest happenings in pre-IPO and upcoming IPO stocks.

The Hiive 50 Startup List

Hiive, a leading marketplace for accredited investors to buy and sell pre-IPO companies, launched a new index last week called the ​Hiive 50​.

It’s an equal-weight index comprised of the 50 most liquid startups on the Hiive platform.

The index provides an opportunity to compare the performance of a single startup with a broader pre-IPO market. It can serve as a potential indicator of the overall volatility of the pre-IPO investing asset class and help stock-holding employees decide when is a good time to liquidate.

​Check it out​ to see the 50 constituents (updated quarterly). Open an account to get free pre-IPO market data and make direct purchases when you’re ready.

Moomoo Adds IPO Access

An online broker/trading app called ​Moomoo has added IPO access for U.S.-based investors. When I took the screenshot below, it had 7 deals available. Most notably, it’s offering shares in the Pershing Square USA IPO (SoFi is also).

I opened an account and will be monitoring access for high-profile deals as they trickle in. Go to Accounts/More/IPO to see what IPOs are available.

Moomoo was founded in Palo Alto, California, in 2018 but operates in Hong Kong, Singapore, Australia, Japan, Canada, and Malaysia. It’s a similar platform to Webull but much more user-friendly. Its parent company, Futu, had an IPO on the Nasdaq in 2019.

Radar

I write a few of these deep dives every month and update previous articles when significant news hits the wires. I’ve slowed a bit recently due to updating old content and priorities on the RBD and freelance side. I’m also working on a website redesign. Stay tuned.

• ​Wiz​ — his Israeli cloud cybersecurity is now worth $12 billion. It WAS aiming to acquire other cyber startups before an anticipated IPO in 18-24 months. But just last night, the Wall Street Journal reported Alphabet is in advanced talks to acquire Wiz for $23 billion.
• ​Ramp​ — This fast-growing fintech helps small companies manage travel and expenses, among other HR services.
• ​StubHub​ — StubHub was supposed to reignite the IPO markets this summer. Unfortunately, the WSJ reported on Friday, July 12th, that they delayed the IPO due to “choppy market conditions”. Last I checked, the markets are just fine. StubHub likely cannot achieve its $16.5 billion valuation target and decided to pull the plug. September is the new timeline, but I’m skeptical.

In Case You Missed It…

Read the July 1st Access IPOs newsletter about battery startups. I’m publishing these as blog posts now so you can access them from the website.

Conclusion

That’s all for this edition of the Access IPOs Newsletter. Reply to this email if you have any feedback. Consider joining our ​private Facebook Group​ and follow ​Access IPOs​ on X.

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Thanks for reading.

Craig Stephens

Founder – Access IPOs

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* Please note: This is a testimonial in partnership with Moomoo.