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Further, no trust was ever requested or place. IIRC they didn't even have a waitlist or anything. They just announced that they were going to launch a product i
by morpheuskafka 8y ago
Further, no trust was ever requested or place. IIRC they didn't even have a waitlist or anything. They just announced that they were going to launch a product in the future and now are redesigning it some more.
Furthermore, this fits into their narrative of disruption. Their target audience will likely see this as, "stupid big banking industry trying to make it hard for them again."
- jljljl 8y agoThey did have a waitlist. They also had a referral system where referring your friends would bump up your place in the waitlist.
- eropple 8y agoI guess I'm not their target audience, then, as a 25-34-year-old tech worker with disposable income and a desire to care about the ROI of my checking account. Because not only will I not use them for this, I closed my account entirely 'cause this is the sign of a disreputable company.
- jnwatson 8y agoThey did indeed have a waitlist. I was number 215000 or so to sign up, according to them.
- solarkraft 8y ago> number 215000 I wouldn't be surprised to find out that's a lie.
- rchaud 8y ago> Their target audience will likely see this as, "stupid big banking industry trying to make it hard for them again." That's a pretty small target audience, and those people are heavy into crypto and gold. Robinhood needs customer growth, and a nice, safe interest-bearing chequing account would have been a good way of doing it.