4min chapter

How I Built This with Guy Raz cover image

Robinhood: Vlad Tenev

How I Built This with Guy Raz

CHAPTER

How Much Capital Do You Need to Get Regulatory Approval?

i remember raising the first two hundred fifty thousand dollars from gogle ventures, right? And i remember like, dropping my phone. Then a year later, it was kind of difficult. You needed a million dollars in in an account in order to get that approval. Ye, needed the money just to get considered for a regulatory approval. But you had to raise money from people or like, well, they're not approved yet. This catch twenty two situations completely.

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