Robinhood reposted this
Love or hate Robinhood, there’s no denying it has, more than any other company in recent memory, changed the way Americans invest. It popularized rash mass purchases of stocks like GameStop and Dogecoin, but also spurred the broader brokerage industry to copy its no-cost, mobile-first approach. Robinhood has grown fast: It had 24.1 million funded accounts at the end of May, up from 12.5 million in 2020, and its assets under custody have bulged to $135 billion. And it has transformed the demographics of investing, helping millions of people get a piece of the stock market for the first time.Robinhood has also changed CEO Vlad Tenev. The 37-year-old first-generation American has weathered a series of crises, some self-inflicted, that Silicon Valley veterans say would have crushed most CEOs, emerging more canny and focused. But Tenev is also just getting started. Read more from the latest issue of Fortune Magazine: https://lnkd.in/ecfZ_cYJ
Thank you for the quote and for featuring my paper The Shareholder Democracy Lie, authored by Christina Sautter (SMU Dedman School of Law), Dan Greenwood (Maurice A. Deane School of Law at Hofstra University), and me (University of Missouri-Kansas City School of Law & Brooklyn Law School)
Always happy to see Robinhood get recognition!
FROM FINRA “We strongly caution you against sending any funds to this entity. “ These crooks have been holding my cash for six weeks. One excuse after another. One stall tactic after another. The me st dishonest company I ever dealt with in 50 years of doing business
The Amazon of consumer finance. Hey, what brand of kicks are those?
Probably not a good sign for the global economy.
Love this
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3wThis company is completely dishonest. I've been trying to get my cash out for almost 6 weeks. The latest lie is that they have a "service interruption." They have no :service interruption" when it comes to taking your money, just when they have to give it back. Hours and hours on their idiotic bot chat, telephone callers are trained professional liars, constantly asking for more verification and no, I will NOT send a photo of my social security card to them. If I ask for the call to be escalated, they hang up.