Late Stage Mature Pre IPO Unicorns -

Robinhood debuts IPO access to users

From pitchbook

Robinhood has started to allow traders on its platform to buy shares of companies in an IPO. The online brokerage will offer shares that have been allocated to it by underwriters, and it won’t have access to all IPOs. Traders who submit requests to purchase a stock may be given access subject to the availability of the stock and a random selection process overseen by Robinhood. Medical clothing company Figs will be the first company to offer shares through the new service.