
Masters of Scale
Rapid Response: Robinhood confronts a GameStop sequel, w/CEO Vlad Tenev
May 28, 2024
Vlad Tenev, Co-founder and CEO of Robinhood, dives into the return of meme stocks like GameStop and the influence of social media on trading. He reflects on the lessons learned from the 2021 frenzy and the ongoing challenges in the fintech space. Tenev shares how his family's immigrant background shaped his perspective on U.S. markets. He discusses Robinhood's efforts to balance active trading with user protection and the evolution of investment practices, including potential 24-hour trading and the company's future aspirations.
24:46
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Quick takeaways
- GameStop craze fueled by Reddit users on Robinhood led to trading restrictions and regulatory scrutiny.
- Robinhood CEO Vlad Tenev's background in Bulgaria influences his view on financial markets and stability in currencies.
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