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Robinhood: Vlad Tenev
How I Built This with Guy Raz
Robin Hood - The Undiscovered Thing
The payment for order flow is a percentage of the bit ask spread. The more trading that happens, generally, the more total revenue there. Some people assume robin hood was a non profit and we're not making any money,. We're building ourselves as a non profit, which we never claimed to be. It so happened to become a large source of revenue for robin hood because we lacked commissions.
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