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YC reduces S22 batch by 40%, $HOOD RIF, $MSTR CEO change, $ABNB earnings + Blueprint Part 4 | E1525

This Week in Startups

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Robinhood's Financial Struggles and Market Dynamics

This chapter delves into Robinhood's recent financial woes, focusing on declining revenue and user engagement due to reduced trading activity. The CEO's comments on overhiring and impending layoffs highlight the broader challenges faced by the company and similar industries following the pandemic.

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