SoFi Blog

April Showers: It Rained IPOs (Plus, Blockbuster Flicks, Streaming and More!)

The ol’ adage about April showers certainly came to fruition this past month, especially in terms of IPOs. A bunch of consumer brands went public and there was a sense of excitement in the financial world that we haven’t seen in quite some time.

Personally, I’ll be pumped when literal raindrops stop falling on my head here in not-so-sunny SF, but that’s another story. (In reality, “Karl” is much easier to manage—yep, the fog in SF indeed has a name and a sassy Twitter account ).

Another juicy IPO for San Franciscans is that of Beyond Meat. The plant-based meat startup IPO’d Thursday morning with its initial public offering at $25/share , which implies a market valuation of $1.46 billion. You don’t need to be vegan to give that a look.

In a 2011 interview about what makes a good investor, Warren Buffett said, “The good news I can tell you is that to be a great investor you don’t have to have a terrific IQ. If you’ve got 160 IQ, sell 30 points to somebody else because you won’t need it in investing. What you do need is the right temperament.”

So what exactly is the right temperament? What are the shared characteristics of the most successful investors?

The past month has been extremely active when it comes to initial public offerings (IPOs) from major companies in tech. For some, like Lyft , whose company stock suffered after their IPO, April can really be the cruelest month. But others, like Zoom , experienced sky-high gains.

On April 22, millions of people around the world will participate in Earth Day-related activities. Some people will march to raise awareness, some will plant trees, and some will take the time to clean up plastic and trash that has been carelessly discarded.