Simon Belanger

Yeah, so Google was founded in 1998.

So yeah, this would have been the Yahoo heyday where they were going to be effectively what Google is now.

I talked to quite a few people and very few got a ton of shares.

I think most orders were from SpaceX.

Yeah.

Most orders were filling for like, maybe like two to 4% of requests.

So yeah, it was, there was a few Canadian IPOs as well, where like the shares you actually got versus what you requested are, were, were very little.

This was a no brainer that it would be like that though, because this IPO was oversubscribed like mad.

It was a,

Yeah, and I think for a lot of the retail investors, they're a relatively small portion of all of this.

I mean, they obviously would have a chunk of that small amount of shares traded now, but the lockup period does come into play for sure.

Because if you're looking to buy this with Wellsimple, you can't sell for 90 days because, well, let's just say you want to flip this, but you also want a piece of the anthropic one when they go public.

You can't sell your SpaceX shares or else Wealthsimple will not allow you to participate in the other ones.

So it kind of creates an element of a lockup if you want to participate further.

Robinhood's is much lower, so they only go 30 days.

Unless they've changed it, I'm just kind of looking online.

You can go 30 days, and if you flip it, you can't buy for 60 days.

But from what I take from the Wealthsimple one, if you flip it, you're...

you're done.

You can't buy anymore.