On Purpose with Jay Shetty

The Easiest Way to Start Investing Today— No Experience Needed (You Just Need $1!) with Robinhood CEO

61 snips
May 21, 2025
Guest
Vlad Tenev
Vlad Tenev, CEO and Co-Founder of Robinhood, shares his inspiring journey as a first-generation immigrant from Bulgaria and his mission to democratize finance. He discusses how Robinhood revolutionized investing by eliminating trading fees and account minimums, making it accessible to all. Vlad reflects on his childhood experiences with money, the challenges of adapting to life in the U.S., and lessons learned from high-profile events like the GameStop incident. He emphasizes the importance of innovation, transparency, and guiding new investors through a rapidly changing market.
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ANECDOTE

Early Childhood Separation Impact

  • Vlad Tenev experienced his father leaving for the U.S. alone when he was three, which deeply affected him as a child.
  • He vividly remembers the emotional airport goodbye and reunion two years later, shaping his resilience.
ANECDOTE

Starting Investing at Age 12

  • Vlad started investing at age 12 with a portfolio built during the dot-com boom.
  • He bought 3Com, learned shareholder responsibilities, and experienced gains then losses over 10 years.
ADVICE

Invest with Just $10 Today

  • Start investing with as little as $10 due to commission-free trades and no account minimums.
  • Use fractional shares to invest in high-priced stocks with any dollar amount.
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