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Oh, I gotcha now. I am going off of this story: https://www.wsj.com/articles/robinhood-raises-1-billion-to-meet-surging-cash-demands-11611928504 https://www.wsj
by lovehashbrowns 6y ago
Oh, I gotcha now. I am going off of this story: https://www.wsj.com/articles/robinhood-raises-1-billion-to-meet-surging-cash-demands-11611928504 https://www.wsj.com/articles/robinhood-raises-1-billion-to-m...
Reading closer, they supposedly got ~$500 million from its banks as loans and $1 billion from existing investors. My issue is in not knowing when this was all initiated and how long it takes for the money to go from its current place(s) to Robinhood.
Regardless, I am still learning all of this so thank you for replying and adding clarity.