Robinhood

Palantir / Eng
Babadook

Go to company page Palantir Eng

Babadook
Feb 11, 2018 22 Comments

Considering interviewing there, but there is surprisingly little info on blind. They seem to be having a lot of success lately, and in hyper growth mode.

Anyone work there or has interviewed? Thoughts?

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TOP 22 Comments
  • I think it’s a great place to work. The culture is very friendly and transparent. The founders share details of what’s going on (including board meeting decks) frequently. There’s a lot of talented engineers and product people there and even more joining recently as they grow.

    The business model is pretty standard financial services but with the margins pressed as low as they can go. I think criticism about the business model from others is mostly ignorance as to how a financial services company makes money. The per-trade commission is not the only way an investment broker keeps the lights on.

    Robinhood has a pretty bold mission that excited me. They want to democratize access to the financial system, and understand that access has to do with removing hurdles and helping to educate. It seems to me the current product is not yet achieving this mission which means there’s still a ton of impact to be had over the years to come.
    Aug 8, 2018 11
    • Joy
      Xim00

      Joy

      Xim00
      Thanks makemoney. I’ll encourage her and pass this advice along.
      Feb 23, 2019
    • Salesforce / Eng
      niceguy101

      Go to company page Salesforce Eng

      PRE
      Yahoo
      BIO
      CS/Math ♥️
      niceguy101
      Hey do you still work there? If yes could I get a referral
      Jul 16, 2019
  • My 2 cents. Their business model is still not clear to me and I'm thinking that they are hoping to get acquired by one of the bigger brokerage firms. Their margin lending, payment for order flow, crypto initiatives might not make them break even. They were able to raise 110M last April, so that should keep them well funded into the future. However there are fixed costs to running a business such as salaries, perks, real estate, trade execution and reconciliation, server costs. At this point they might be burning far more than they make. If you end up interviewing with them please ask about their business model and plans to go IPO or getting acquired.
    Feb 11, 2018 1
  • Google
    flwH01

    Go to company page Google

    flwH01
    I do not like their business model. Seems more like a fad than anything. Their bid/ask spreads are enormous and I can’t think of a good reason to use them.
    Feb 12, 2018 0
  • eBay / Eng
    seat

    Go to company page eBay Eng

    BIO
    Why did you click on me 😡
    seat
    They’re gonna be acquired soon
    Feb 11, 2018 1
  • New
    ezBr40

    New

    ezBr40
    I’ve been consulting with them on recruiting for the last 2 1/2. Happy to chat and share my perspective if you want to DM me.
    Aug 27, 2019 2