robinhood valuation?

Lyft
jaja ๐Ÿ˜›

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jaja ๐Ÿ˜›
Apr 14, 2021 32 Comments

what do you think of robinhood valuation? will it surge a lot like coinbase?

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TOP 32 Comments
  • Google
    pEIe22

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    pEIe22
    I think so. Robinhood is much more diversified business plus they have 9.5 million crypto users too according to their recently published blog (I think Coinbase is at 12m) so that will also be counted as crypto. Plus Robinhood can emulate coinbase.

    Not sure about how much but it will be in order of magnitude and would be a long term investment IMO. Planning to buy if possible.
    Apr 14, 2021 4
    • Google
      sk03cs

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      sk03cs
      That does not make your data correct. No matter you are talking about all users or active users
      Apr 14, 2021
    • Google
      pEIe22

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      pEIe22
      Agree..Not sure what is the active number of crypto users at Robinhood but just its crypto business would surely be valued at 30-40% of Coinbase's based on users, growth, cross sell story etc. But Coinbase is definitely superior right now in terms of product. That's where I am coming from
      Apr 14, 2021
  • I canโ€™t imagine the $GME fiasco with Robinhood blocking buys and subsequent mass exodus of accounts will give investors a lot of confidence in investing in the platform
    Apr 14, 2021 6
  • Lyft
    zGsQ36

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    zGsQ36
    No way Robinhood will be matching coinbase or by the time Robinhood matches todayโ€™s coinbase, coinbase will be 10x. One is global another one is just the states.
    Apr 14, 2021 5
    • RBC
      BigNIntern

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      BigNIntern
      The thing is, Canada already has its own Robinhood copycat that is widely popular here. All the big banks here are also Canadian so it would be quite a surprise if Robinhood was able to be the first big US player in our financial system.

      It's like how Uber couldn't compete with localized copycats like Grab, Kareem and Didi. Do you think DoorDash will have much success competing with Grab in East Asia or Deliveroo in the UK? Probably not.
      Apr 16, 2021
    • Twitter / Eng
      woot2

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      woot2
      There will always be competition duh
      Apr 16, 2021
  • New
    hugh jarse

    New

    hugh jarse
    surge? COIN is actually trading down from last secondary sales
    Apr 15, 2021 4
    • Okay even if that was slightly higher.

      Your point is that coinbase didn't surge?
      Apr 15, 2021
    • New
      hugh jarse

      New

      hugh jarse
      yes my point is that in the final stretch of the pre IPO phase, the same place RH is now, CB basically stayed flat and remains so
      Apr 15, 2021
  • What's the current valuation of robin hood?
    Apr 14, 2021 4