StockTwits (founded and chaired by GP of Social Leverage VC firm, early investor in Robinhood) launched their commission free trading app today, which should be in direct competition with robinhood. What does the employees and exec team at Robinhood think about this move by one of your investors? Cool or nah? Legal?
Has there been any other instances of this situation happening? Where a VC competes w his own portfolio co
I think Google/Alphabet is invested in both Lyft and Uber.
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Where are the Robinhood employees? Oh wait today is ipo day. They might be busy onboarding the new tickers.