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Robinhood’s sinking value is proof that “free” can often be costly
- logicalmonster 4y agoI cannot read the entire article as this is a TechCrunch-Exclusive, but I'd say that Robinhood sank their own ship. They screwed over a lot of their users in January of 2021 right at the moment that they could have gained a loyal customer-base for life. A good number of people were understandably aggravated by that and took their trading elsewhere. And it's kind of a shame because Robinhood does genuinely have a good, approachable modern interface that a lot of people want to use. But many people cannot use a broker that they don't trust to not rugpull if it suits them.
- thrr0wawayy 4y agoThey deserve every bit of failure they cultivated. We all know when it's 'free', that you are the product -- but a LOT of people who didn't realize that had a very expensive eye opening experience Jan 2021. I hope when it's over Vlad and all the other people at the top there rot in jail.