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To grow into its valuation, Robinhood needs a lot more customers and a lot more trading. Most of their revenue comes from options trading. This is lucrative for
by Below_The_Line 6y ago
To grow into its valuation, Robinhood needs a lot more customers and a lot more trading. Most of their revenue comes from options trading. This is lucrative for Robinhood, but may not be the most suitable product for most Robinhood customers. As regulators have started pointing out, what's best for Robinhood may not be best for its customers. More on that below.
https://kjlabuz.substack.com/p/57-robinhood-traders-anonymous https://kjlabuz.substack.com/p/57-robinhood-traders-anonymou...