In this engaging discussion, Scott Sandell, Managing General Partner at NEA, and Rick Yang, Head of Consumer Investing at NEA, share insights about their investment in Robinhood. They recount the pivotal moments that led to backing the startup, highlighting early metrics indicating product-market fit. The duo compares Robinhood's innovative cost structure with E-Trade's, revealing how automation drives efficiency. They also delve into Vlad's evolution as a leader and the company's mission to democratize finance, keeping user engagement at the forefront.
