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![chamath Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::3291691.png) Chamath Palihapitiya [@chamath](/creator/twitter/chamath) on x 1.9M followers
Created: 2025-06-20 19:07:54 UTC

@EJunkman i don't think you understand how an IPO allocation works. The banks give it to their best hedge fund clients and their richest families...so i think "randoms" is appropriate.


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**Related Topics**
[ipo](/topic/ipo)

[Post Link](https://x.com/chamath/status/1936138962168692763)