2min chapter

How I Built This with Guy Raz cover image

Robinhood: Vlad Tenev

How I Built This with Guy Raz

CHAPTER

Is That an Unintended Consequence of the Platform?

Emma Watson: We didn't anticipate that people on social media would coordinate and all buy the same stock at the same time. I is, don't think the markets were built with that idea in mind, to support that. The system wasn't built for people on the innernet banding together millions of people to buy the same stock, or small group of stocks. And i think it kind of broke the system to some degree. It may now be driven by consumer investors.

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