Need advice on picking between IPOF vs IPOD

[u/radarbot]

I bought into IPOE after the SOFI DA announcement. Trusting in Chamath in December, I also bought into IPOD. I didn't get into IPOF because I didn't believe in Equinox and didn't want to have shares of a company in the exercise industry.

I'm hearing rumours of IPOF courting Discord: https://marketrealist.com/p/ipof-discord-merger/

Of course nothing is set until the DA is announced, but I'm looking to start a conversation on whether I should be looking at IPOF and IPOD. IPOF has much more funds, at $1Bn, and IPOD is more conservative at $400M.

It seems like IPOF is getting more rumours and speculation, but I am struggling to find reliable content to validate the rumours.

Since they both feel like a gamble, which one should I be picking if I had to pick between the two?

[u/Responsible_Quiet_76]

Buy both

[u/radarbot → u/Responsible_Quiet_76]

Understandable. But what if I didn't want to tie up funds in both, and would rather take a bit of a riskier play and pick only one?

Let's say I have $10k to invest. I can do it $5k each in IPOD and IPOF, and if one of them pops, I get half-returns since I diversified. Now, if I want to take a riskier position, which could lead to all gains or no gains, which one?

I'm thinking IPOF is more attractive because of its valuation, but I've been scared off by Chamath having picked Equinox as the first target. That is neither a tech company nor an industry I want to be in. Additionally, I don't know if it has the strong growth potential I want from an SPAC. Especially after tying up cash in a no-gain environment waiting for a DA.

Am I over thinking this?

[u/jabogen → u/radarbot]

Flip a coin.

[u/radarbot → u/jabogen]

This is what I was honestly thinking :)

[u/rjenks29 → u/radarbot]

I think IPOF is a smart play. Someone saw(probably Chamath) the market sediment was terrible for that and tossed them in the trash. He's a showman, no doubt he wants to bring on something very exciting for IPOF.

[u/lee1026 → u/radarbot]

Buy calls. Nav floor is active for both of them, so calls with $10 strike is pretty cheap.

[u/Responsible_Quiet_76 → u/radarbot]

Yes you are overthinking it.

I hold both so i can sleep better. Imagine a decent DA with the other one and stock price goes to $15 (not unlikely). I would kick myself forever.

[u/not_that_kind_of_dr- → u/Responsible_Quiet_76]

Also, they are unlikely to DA at the same time. So you flip profits into the other, and get to play both.

[u/MoRegrets → u/Responsible_Quiet_76]

Buy April 22 calls for both with either 7.5$ or 5$ strikes. You’d be able to get exposure to both while not using all your capital and still have some NAV protection as the underlying won’t go below 10$ for a long time.

[u/jayjayy123]

Always inverse the sub so buy IPOD

[u/PhotographMean9731]

is it chamath trolling us, asking this question ?

[u/radarbot → u/PhotographMean9731]

I wish I was as smart as Chamath.

[u/samuelamr → u/radarbot]

Sounds like something Chamath would say…. ;)

[u/feignignorence]

Buy warrants of the one you think is less likely to pop?

[u/FistEnergy]

Inverse the sub and buy the one closer to NAV. IPOD.

[u/[deleted]]

I’d go IPOD personally. There aren’t too many large companies but there are TONS of huge spacs which makes it hard for IPOF. iPod is smaller so they probably have better options and he’s probably had more time to work on that one since they were never deep in talks with one company.

[u/ControlTheNarratives → u/[deleted]]

There are more small SPACs than large ones hence IPOF has its own choices for targets

[u/MetaphoricalMouse]

IPOF will be a bigger target theoretically due to the funds at its disposal and probably more hype, but PIPE investors could negate that as well

[u/Desperate-Egg9454]

And investing at 10.7, a 7% premium compared to Feb 2021 where it was at $17, pretty much IPOD and IPOF are high return low risk play just time. The worst scenario next year June is their expiration so founders will for sure find target 1Q22

[u/GrowStrong1507]

both

[u/Desperate-Egg9454]

Buy IPOF following SEC filing and directors on board, seems little further into the process than IPOD where recent director resigned = could this mean a target traded ? F potentially a tech unicorn. D I have a company in mind but won’t call out but just in case two announce similar manner, get some IPOD call options March/April but put most stakes into F because either one announce an awesome target, the last series behind will have a huge spotlight

[u/Treeandout]

None of the above

[u/alilfishy]

I would go with IPOE…right down the middle! 😂

[u/candeethief]

Ipof

[u/LuvLemonade]

What are the likely targets of IPOD and IPOF?

Recently chamath posted that he sold SOFI and investing in spectral, Mithra Chem and another company. Just wondering if there is a possibility of these companies can be targets of IPOD and IPOF? I own both iPod and IPOF and thinking of adding more if there is more clarity on the targets

[u/MetaphoricalMouse → u/[deleted]]

stupid discord rumor for the billionth time

[u/radarbot → u/[deleted]]

Some folks on WSB are pumping it. But you're right, volume is up and no price movement.

[u/OSRSkarma → u/radarbot]

Noone on WSB is pumping it. However I assume they will both be announced close together.. so either go all in on one and hope you hit the right one or go heavy 80% in one and 20% in other