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I do want to add some nuance to the salty and cynical takes here, even though I share the overall conclusion that tech support is terrible across the board. Yo
by fleddr 5y ago
I do want to add some nuance to the salty and cynical takes here, even though I share the overall conclusion that tech support is terrible across the board.
You can't compare a service like Robinhood (or Coinbase, the like) with a product like Google or Facebook:
1. Unlike these free services, at an exchange, you really are a customer. The business model is that you pay fees for transactions. That's not the same as a free "take it or leave it" situation. As a paying customer, it is far more reasonable and expected to get support.
2. The nature of the support queries are far more serious. This isn't about your Instagram app glitching, this is about money. People unable to access it, transactions not coming through, withdrawal errors, fiat/banking errors. All very serious matters where not only you expect support, you expect urgent support and typically human support.
Now combine the above issues (true support needed, and much of it human support), we add the third and fatal ingredient: user growth. These services grow by at least a few million users per month.
I don't know how many require support, but even a small percentage means you're on a constant hiring spree.
Google and Facebook scale up by just not giving any support. How do you scale up this fast giving real support, so not just an FAQ or chat bot?
- ditonal 5y agoYou are totally confused. Robinhood is free trading and you are not a paying customer. Robinhood’s incredibly sketchy business model is being paid by Citadel for order flow. So it’s very similar to Facebook in that the consumer is the product, not the customer. Robinhood is an awful company that’s a net negative on the world. Their biggest innovation is creating a Candy Crush UI for complex derivatives trading and making it accessible to people who failed high school math. Their CEO has been consistently dishonest and fraudulent. If you want a solid mobile trading app for stocks and options Thinkorswim is light years superior in every dimension but looking like a Vegas slot machine.