+0.0
net board stance
what this means
186.1
+1.4% · close 2026-09-08
+3% / +0% / +22%
1m / 3m / 12m
-41%
vs SPY since 2021-07-03
65%
of 52w range · -9.7% off high
—
hit rate as primary
Where we stand — 0 live ideas
No active idea holds this ticker. Anything below is history.
Where the winds are blowing
NET BOARD STANCE, LAST 45 EPISODES —
rising = the besties are building this position, falling = abandoning it. Replayed from
score_events; an idea counts from birth until its window closes.
PRICE VS SPY OVER THE SAME WINDOW, % — did the
talk lead the tape or follow it?
Who's pushing which way
each voice's net push ON THIS TICKER — their most recent stance per idea × the idea's direction × strength, so supporting a bearish idea pushes down. Not conviction (that lives on the idea); this is direction of travel per person. what w= means
Track record on FPX
No closed window has used this ticker as its primary play, so there is no scored record here yet. Adjacent plays are listed but never scored.
| idea | call | play | verdict | R | α | closed |
|---|---|---|---|---|---|---|
| 📈 The IPO cohort outperforms the S&P after listing | ▲ LONG | adjacent | MISS | -52.5% | -41.8 | 2022-07-03 |
The tape — what was actually said
every capture on any idea holding FPX, newest first · quotes verbatim, timestamps deep-link into the episode
Well, look at Square. Look at Square. I mean, Square had all like most of the appreciation happened in the public markets. I think Sequoia held on to their Square shares, did way, way, way better because nobody sold effectively for several years.
Friedberg
support ×2
▲ on
📈 The IPO cohort outperforms the S&P after listing
E38 · 2021-07-03
▶ 26:12
But that they basically highlighted that IPOs as an index generally outperform the market over some period of time, whether it's one year or three years. And so if you have access to those IPO shares, assume you're a venture investor, you can beat the S&P by 10, 15 points, just generally without having any thought about the business itself or the company itself.