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Wave of tech layoffs, Robinhood earnings, what makes a great CEO & more | E1603
This Week in Startups
Is Robinhood Diversifying Away From Transaction-Based Revenues?
If Robinhood is diversifying away from transaction-based revenues and becoming a trading lender, there is risk there. The interest rates are higher, so it's going to be a better revenue stream for them. But it also does lead to potentially more scrutiny.
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