2min chapter

Entrepreneurial Thought Leaders (ETL) cover image

Vlad Tenev (Robinhood) - Weathering a Storm

Entrepreneurial Thought Leaders (ETL)

CHAPTER

Robin Hood - What Is the Biggest Source of Revenue?

Robin hood makes money from payment for order flow. Market makers execute orders for you, kind of analogously to if you're spending money a, you know, visa process. So that rebate from the market makers, which is kind of analogous to, in the visa analogy, inter ange the interchange, rebate to a, to the issuer for for your card, becomes revenue.

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