Why Putting Your Money In An IPO Is A Bad Idea | ‘Negotiated Deal, Not A Lottery!’ | Mint Podcast

In this podcast, we speak with Dhirendra Kumar, Founder of Value Research who makes a compelling argument about why investing in IPOs may not be a great idea for retail investors. For one, he says it’s like funding an experiment – and you don’t know which way its going to go. Second, it’s the promoters who decide when and what price. Third – well, watch to find out!