Robinhood cuts losses after transaction revenue drops • Hacker News Board

Re: Robinhood cuts losses after transaction revenue drops

#171

Post by irjustin » Sat, Nov 05, 2022, 7:24 AM UTC

patd wrote: post #168

irjustin wrote: post #133

Earlier quoted context omitted.

This is a contrarian response. Funding $1 would require me to visit the website so I would have been a MAU without even funding. Conversely, funding without visiting the website requires real effort. No metric is perfect nor stands alone. What does it mean in context to RH, FB, Apple? The value of a MAU is relative. The key is it's well defined, stable and trackable over time. Assigning value is up to diligence at th…

Funded != funding You may have funded the account last year and did nothing with it. My understanding is you would still count as an MAU even if you didn’t interact with RH.

Then your understanding is incorrect.

It starts out with "A user need _not_ satisfy". They're saying funding has nothing to do with MAU. The language is pretty clear - "while logged into their account, at any point during the relevant month".

If you don't like it, I get it, but you've offered nothing than "I say they're shady!"

Re: Robinhood cuts losses after transaction revenue drops

#172

Post by eloff » Sat, Nov 05, 2022, 1:53 PM UTC

chrisco255 wrote: post #167

eloff wrote: post #166

Earlier quoted context omitted.

The entire stock market has also not gone to zero. You're comparing apples to oranges. Individual coins have gone to zero, as have individual stocks. It's irrelevant to the argument I made.

"With stocks, you're purchasing future profits. That puts a floor under things." There is no floor for stocks.

You don't get finance.

Re: Robinhood cuts losses after transaction revenue drops

#173

Post by patd » Sat, Nov 05, 2022, 1:56 PM UTC

irjustin wrote: post #171

patd wrote: post #168

Earlier quoted context omitted.

Funded != funding You may have funded the account last year and did nothing with it. My understanding is you would still count as an MAU even if you didn’t interact with RH.

Then your understanding is incorrect. It starts out with "A user need _not_ satisfy". They're saying funding has nothing to do with MAU. The language is pretty clear - "while logged into their account, at any point during the relevant month". If you don't like it, I get it, but you've offered nothing than "I say they're shady!"

Indeed, my understanding was incorrect. Thanks for pointing it out

Re: Robinhood cuts losses after transaction revenue drops

#174

Post by Ekaros » Sat, Nov 05, 2022, 2:21 PM UTC

micah94 wrote: post #127

eloff wrote: post #116

Earlier quoted context omitted.

I keep hearing this repeated, but the link between military and the strength of the dollar is tenuous at best.

Oil priced in dollars. Countries forced to buy/hold dollars. Country tries to use another currency to buy their oil, they end up like Saddam or Gaddafi c/o the US military.

Brazil, India, China might be too much for US military. Or at least two of those.