3min chapter

This Week in Startups cover image

Wave of tech layoffs, Robinhood earnings, what makes a great CEO & more | E1603

This Week in Startups

CHAPTER

The Crypto Recession Is Upon Us

Robinhood has 21.3 million monthly active users, which is the equivalent of having like a billion people transacting on their accounts. Robinhood was such an important company until it went out of business in 2011 and into what's now known as "the speculative asset recession" The market for crypto assets seems to be going through its own kind of 'hard reality period,' says economist Nick Szabo.

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