Ask HN: What will happen if Robinhood tries to go public now?

When it comes to demand for the shares: doesn't matter. IPO price discovery is done by institutional investors, not retail.

Impact on the fundamentals is a bigger risk to them, as RH's target market is retail/individuals. People have short memories though, and they aren't the only ones restricting their users from trading (despite getting the most flak for it).

I mean the truth was that it was a liquidity event. Now they have liquidity, people will trade, etc. It will come out that it was that. They prob won't lose the retailers.

I personally pulled out though when I heard the news, just in case. Freaking Bitcoin shot up after I pulled though... smh.