With the obscene amount of speculation going on their platform and the losses that are likely to follow - the irony of the name Robinhood will not be lost on the historians of financial markets. Devil take the hindmost.
If the outlook was this ominous, why would VCs invest? It doesn't make sense. Surely they see something in the pitch deck?
I believe they meant losses to Robinhood users, not Robinhood.
Yup. They already installed bulletproof glass at the Robinhood headquarters because of disgruntled "customers".
As opposed to Wall Street “professionals” making the same bets using other people’s money? This is absolutely no different from 97% of the people milking the investment management industry on Wall Street.