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Chronicles

The story behind the story

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Sources: Robinhood CEO Vlad Tenev is expected to testify before the House Financial Services Committee in a panel hearing on GameStop on February 18

Zachary Warmbrodt / Politico :

Politico Zachary Warmbrodt

Discussion

  • @nextlamayor Kevin Dalton on x
    As someone who once dated Errol Flynn, there is nobody else in Congress more knowledgeable on RobinHood than Maxine Waters. https://www.politico.com/...
  • @jamessurowiecki James Surowiecki on x
    GameStop posts like these point to how grim the denouement of this story could be. If you bought at $5, $10, even $20 a share, then even if you ride it down from $330 to $100 before cashing out, you've done great. But if you bought at $330, it's all pain. https://twitter.com/...
  • @alexrkonrad Alex Konrad on x
    Curious if Robinhood's bad PR on Thursday cost them users? Yea... no, not so much. The app added 700K new users that day, off just 11K canceled accounts. https://www.forbes.com/... https://twitter.com/...
  • @allstarcharts J.C. Parets on x
    lol at all the Robinhood haters. Cry more about it. https://twitter.com/...
  • @joshelman @joshelman on x
    It's nice to see team @RobinhoodApp get the real story out there and raise enough new funding to strengthen the foundation in these volatile times. Seeing the responses, they have a lot of trust to rebuild. The bigger mission of democratizing access is already proving out.
  • @alexrkonrad Alex Konrad on x
    @carlquintanilla we got their recent downloads here: 700,000 on Thursday, 1 million on Friday alone https://www.forbes.com/...
  • @robinhoodapp Robinhood on x
    We've raised $3.4 billion to invest in record customer growth. With this funding, we'll build and enhance our products that give more people access to the financial system. https://rbnhd.co/...
  • @mylesudland Myles Udland on x
    VCs will call a bailout a capital raise instead of going to therapy https://www.wsj.com/... https://twitter.com/...
  • @cararlombardo Cara Lombardo on x
    Scoop from ⁦@rudegeair⁩: Robinhood raised $2.4 billion more from its investors. It has now raised $3.4 billion since last Thursday — more than it had raised in its entire prior existence. https://www.wsj.com/...