Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Robinhood Files S-1

blog.robinhood.com

Post reply on HN
Print view View original

1–10 of 56 posts

Re: Robinhood Files S-1

#3

Post by awb »

So disappointed with their performance during $GME. I’m sure a lot of people will make money in this IPO but I can’t support it.

Re: Robinhood Files S-1

#5

Post by apparissus »

awb wrote: post #3

So disappointed with their performance during $GME. I’m sure a lot of people will make money in this IPO but I can’t support it.

The fact that they weathered that so unscathed gives me begrudging belief that their IPO will go well, at least short-term.

I have heard so many apologists for Robinhood but never heard it addressed why they couldn't have implemented whatever measures of protection they "had to" in a stock-agnostic way.

Re: Robinhood Files S-1

#7

Post by ar_lan »

I am interested to know what percentage of their user base they lost after the past few months. I know I personally cancelled my account with Robinhood, but I don't know if I'm in the minority or not.

I just don't see the point of them anymore. Once the other trading platforms started offering $0 transactions, I saw way less value in Robinhood - then, following that, the argument was "fractional shares", which many other platforms offer.

Is it just that they are the most famous name in the retail investor space?

Re: Robinhood Files S-1

#8

Post by voidfunc »

ar_lan wrote: post #7

I am interested to know what percentage of their user base they lost after the past few months. I know I personally cancelled my account with Robinhood, but I don't know if I'm in the minority or not. I just don't see the point of them anymore. Once the other trading platforms started offering $0 transactions, I saw way less value in Robinhood - then, following that, the argument was "fractional shares", which many o…

Probably a small but not insignificant loss. I don't think the WSB / Memestock users are the majority of the platform. For a lot of people I know RH still has the best feeling UX and easiest access for simple investing.

I think they're fine but if pessimism means the stock takes a haircut or dive when it starts trading I'm going to buy-in. There really is not a similar investing app that appeals to the Gen-Z / Millenial market as well as Robinhood does.

Re: Robinhood Files S-1

#9

Post by missedthecue »

ar_lan wrote: post #7

I am interested to know what percentage of their user base they lost after the past few months. I know I personally cancelled my account with Robinhood, but I don't know if I'm in the minority or not. I just don't see the point of them anymore. Once the other trading platforms started offering $0 transactions, I saw way less value in Robinhood - then, following that, the argument was "fractional shares", which many o…

I don't think there is another broker with zero commission options trading is there? That seems like a big reason for a lot of people

Re: Robinhood Files S-1

#10

Post by ragnarok451 »

missedthecue wrote: post #9
ar_lan wrote: post #7

I am interested to know what percentage of their user base they lost after the past few months. I know I personally cancelled my account with Robinhood, but I don't know if I'm in the minority or not. I just don't see the point of them anymore. Once the other trading platforms started offering $0 transactions, I saw way less value in Robinhood - then, following that, the argument was "fractional shares", which many o…

I don't think there is another broker with zero commission options trading is there? That seems like a big reason for a lot of people

Surprising that everyone else was quick to pick up zero commission trades for equities, but not for options
Post reply on HN