Robinhood raises $323M at a $7.6B valuation
reuters.com
Robinhood raises $323M at a $7.6B valuation
1–10 of 130 posts
Re: Robinhood raises $323M at a $7.6B valuation
#2Brings their total to $828M raised since 2013. I'm honestly surprised they haven't taken money from the Vision Fund yet.
Re: Robinhood raises $323M at a $7.6B valuation
#3Brings their total to $828M raised since 2013. I'm honestly surprised they haven't taken money from the Vision Fund yet.
that'll be for when they raise a billion and a 20 billion valuation
Re: Robinhood raises $323M at a $7.6B valuation
#4Robinhood is a predatory lending scheme. The vast majority of its users should not be trading anything other than indexes.
Re: Robinhood raises $323M at a $7.6B valuation
#5Robinhood is a predatory lending scheme. The vast majority of its users should not be trading anything other than indexes.
I have a couple of shares on the app for a company. Just for anecdotal data. It’s fun to see. I would never put large amounts of my money in there.
Re: Robinhood raises $323M at a $7.6B valuation
#6Robinhood is a predatory lending scheme. The vast majority of its users should not be trading anything other than indexes.
Care to elaborate? I was under the impression that Indexes are treated the same way as stocks.
Re: Robinhood raises $323M at a $7.6B valuation
#7Robinhood is a predatory lending scheme. The vast majority of its users should not be trading anything other than indexes.
Can't you say the same thing about everyone using any other retail brokerage?
Re: Robinhood raises $323M at a $7.6B valuation
#8Robinhood is a predatory lending scheme. The vast majority of its users should not be trading anything other than indexes.
Lending?
What makes them worse than than anyone that charges a fee?
Re: Robinhood raises $323M at a $7.6B valuation
#9I've been using Robinhood for the past year, and I hope they add basic features such as:
- The ability to short a stock, which I still can't believe isn't available.
- Price Alerts
Everything else is gravy, IMO, especially if they keep the same basic, sleek interface, which I actually like.
Re: Robinhood raises $323M at a $7.6B valuation
#10Robinhood is a predatory lending scheme. The vast majority of its users should not be trading anything other than indexes.
It's everyone's right to shoot themselves in the foot with dumb financial decisions. Robinhood isn't doing anything egregious here, they're only reducing friction and fees.
I've used the app sparingly in the past with "fun money" but haven't done serious investing with it.