https://www.forbes.com/sites/ronshevlin/2021/07/06/robinhood-the-30-billion-cockroach-of-fintech/?sh=44483b3c4339 Bye robbing the hood
It's a consumer product and holds the same growth characteristics as any consumer product (FB). It may, and is trying to evolve into more, but at the momement that's where it is. This is not a bad thing, but some people seem to think it's some overturning on the financial sector rather than a UI sitting on top of the Citadel liquidity pools.
The UI is clean af though.
19 ppl from Robinhood chose better than sliced 🍞
If and when payment for order flow illegal (like it is in other countries), Robinhood will have lost 70% of their revenue lol
I think their planning on more international expansion but i dont know much on their business model… i just know the US isnt their only target market looking out 6mo - 1yr
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Job market is brutal for SWEs 🥲
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Meta E6 offer.
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Lots of layoffs this week!
It is like Facebook - go to hackernews, reddit, twitter and everybody hates it, deletes it, blocks it, yet the stock moons and engineers spend months grinding LC just to get in :)
Yeah, but plenty of people are still gonna buy the stock cause money talks.