Can anyone offer some insight about the culture, leadership and company growth? Thanks.
rough year but we have really great people and I’m optimistic about the business
Just join the wallstreetbets and see the shit show. But in all seriousness it looks like their engineering isn't the best for such a young company in finance
I wouldn’t shit on their engineering based on the recent bug in the news, because I don’t think it’s a fault of engineers. It must be a mistake either on their requirements team or risk managers. Their risk management appears to be lacking.
There have been others before it
GUH
Still a young company, filled with fang folks. The management is getting more mature, which is a good trend. The technology is not that complicated, but the process is still but messy.
thanks for sharing. hope you don’t mind me asking, but what is with the super young managers?
I think it depends on the teams. Both teams I've been with have managers with 10+ years exp and in mid 30s. But I do see some teams have young managers in mid 20s. Some of them are good but I do hear some are bad.
Hey everyone at Robinhood - want to let you know that I really love your product. Keep up the good work.
I'd take external media coverage with a healthy grain of salt. People have been proclaiming, and presumably will continue to proclaim, the death of us pretty much since the beginning, and yet we're still very much alive and kicking (notice how quickly the narrative changed from "commission-free trading will never work, stay away from Robinhood!" to "everyone's commission free now, stay away from Robinhood!"). We still have plenty of room to grow as a company despite what wsb thinks :) IMO the culture here is fantastic. People are not only really good at their jobs (which is probably true at most decent tech companies), they're heavily communicative, open to feedback, and willing to speak up when they see something they don't understand/think is wrong (even/especially if outside of their department). The latter parts of that are really hard to replicate and I'm really happy/pleasantly surprised we've managed to cultivate that as well as we have. Obviously this has been a bit of a rough patch with product missteps and the GUH saga, but the fact that the culture has not only survived but arguably strengthened over that period is a very encouraging sign. Of course there is still lots of uncertainty, and it remains to be seen how well we scale both technically and people-wise, but IMO there are lots of reasons to be cautiously optimistic.
How did you manage to fuck up checking account so bad last year with all this beautiful culture?
IMO, a good culture is defined not by never making mistakes, but by how it responds to and learns from them. Last December was obviously a big test of the culture and I think we came out stronger for it.
What’s the average assets of a rh customer?
Probably crazy right now with this whole infinite leverage glitch going on 😂