Alexandra Suich has written an article in The Economist recently titled “The Year of the Unicorn“.
We will take up two points out of the article:
- Some of these unicorns are likely to file for IPOs
- FOMO (Fear of Mission Out) is a sentiment so common in Silicon Valley that it has its own acronym.
Now, the chances are that most of these Unicorns may not be easily available to Indian investors to invest in, in spite of the IPOs, one important point comes to mind. At the same time, there could be some other firms that may raise money from the Indian IPO markets.
In the past, especially in the IPOmania, we have witnessed the FOMO phenomenon in India, too.
A word of caution: Be clear why you are investing in these IPOs, if at all. Please do not invest out of FOMO. Do your own analysis or take professional help before signing the cheque.
#RidingTheRollerCoaster – 67