He shits on Robinhood while being one of the biggest investors in a competing product with the same business model? The only Reason Sofi didnt have to limit GME is because they have a fraction of the number of users https://twitter.com/tysonbrody/status/1355967493089669131?s=21
Lets call a spade a spade. Robinhood messed up
Problem wasn’t so much that they messed up, as with the way they handled the situation. Zero transparency, lying, and just generally treating its consumers like idiots. Moved to Fidelity. I have all the same functionality, a surprisingly decent UI, and don’t need to worry about all the random outages and glitches.
i.e they messed up.
Total cash divided by # users ^ Robinhood has the smallest number out of all brokers
And that makes them irresponsible
This is false.
Idk the guy has 5% of all btc so I respect him LOL
No way... thats like 35billion dollars.
😂😂😂😂😂helluva benchmark but makes sense. I have mad respect for him.
I bet if you dig into those so called “influencers” who have the loudest voice bashing Robinhood you will find something sketchy there.
He is an influencer, hooks on to what is popular and cashes in on it
This is the actual problem in the world. Parasites.
Ok, Robinhood
Something is off about him. Def smart guy but ..trying too hard.
Says the person with the GME username and rocket ship emoji
^ you must’ve missed the GME rocket
I used to follow him a lot but the more I see him the more he looks like a jerk. He buys companies and invest in them while the people who built the company generally give everything. Its easy to sit in the ivory tower and shit on everyone. He is becoming the same vc he says he is against.
Also read about SPAC structuring. They're designed to give him and hedge funds a nice low-risk (perhaps even risk-free) return, leaving the risk to bagholders on the open market.
He’s the classic case of someone who got f*ck-you money and behaves like it. Except he does it to the point where he comes off like a jack a**.
Also shits on Facebook after he helped make it the monster he claims it is (he worked on growth), after it made him rich, and after he left.
This.
Isn’t there a fair argument that a lot of these early participants of creating these platforms did not see how strong the negative impact could be?
They have enough capital of their user base. RH don’t. That what makes you reliable, you can supply for your demand.
Does sofi even have its own cleaning house? Webull also limit and simply pushed off the blame by saying, “look out cleaning house forbid us”
@erferf WeBull blocked buying GME for a short period of time and they are back online. RH still limits you to 1 GME. They had 4 fu**ing days to fix their shit, but they still didn’t. Stop your blind support for RH.