Robinhood eyes $30 billion IPO deal

Robinhood

Robinhood was established in 2013 by Vlad Tenev and since then, it has grown to become one of the most loved stock exchange trading platforms by thousands of millennials across the world due to its simplicity and user-friendliness.

In the past year, Robinhood endured backlash from some of its customers, regulators, and billionaires like Warren Buffett and Charlie Munger. There were debates about if Robinhood is taking away the essence of stock market trading by watering it down a little too much.

Despite all of these, the company has grown to become one of the most valuable fintech companies in California, USA, with a net value of $11.7 billion.

Robinhood is said to be contemplating giving its users the first access to investing in its initial public offering shares while it anticipates support from other investors.

--

--

--

Business Stance is dedicated to ensuring that every Nigerian comfortably stays one step ahead with an in-depth view of the global financial markets.

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Why loans don’t always work for debt consolidation - Bright

why-loan-dont-work-for-debt-consolidation

Article Advertising - Lookup Engine Optimization Tips

NSW vs QLD Police? Better overall?

You Can Retire Early If You Focus on These 5 Things

Here are five tricks that will help you achieve financial freedom to become the master of your economic destiny and your time. From there, you can choose whether you want to live always on vacation, spend the day on a cruise, work only on what you like, or keep your life as it is now. These are the five steps that will allow you to have such financial freedom:

Money Spells

I live in so-cal, i wanna get a loan to buy a house (stated income), whats the lowest down payment…

How Helping Can Set You Apart

What is Market Capitalization?

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Business Stance

Business Stance

Business Stance is dedicated to ensuring that every Nigerian comfortably stays one step ahead with an in-depth view of the global financial markets.

More from Medium

Breakthrough That Could Reverse Climate Change with Scaling Investments

Could this be Bill Ackman’s biggest mistake since Valeant?

UV Portfolio Update: Q1 2022

SEC Investor Advisory Committee to Discuss AI, Robo-Advisors Plus Cyber Concerns at Next Meeting