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Good point, in addition Robinhood is highly leveraged, they raised 3.5b in 2021 at the face value of 5.0b, so the new shareholders would implicitly pay the pric
by Hedgemaster 5y ago
Good point, in addition Robinhood is highly leveraged, they raised 3.5b in 2021 at the face value of 5.0b, so the new shareholders would implicitly pay the price for that aggressive borrowing..