The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 7 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Bhatt: Robinhood users are 20 to 30 years younger than competitors'
“The consumers that use products like Fidelity, E-Trade, Scottrade, a lot of our competitors, our customers are on average, 20 to 30 years younger than those consumers.”
Robinhood aims to expand globally across four continents within five years
“I would like to see Robin hood become an international financial services company. I would like to see us scale like internet company scale, not like tech or not like financial services companies. I would love to be live across. All of Europe, I would love to …”
Robinhood's viral waitlist launched accidentally after a viral Reddit post
“Somebody found that way to Robinhood free stock trading. Posted it on Reddit, so it's like a Friday night, and then all of a sudden we're like, man, we're getting a lot of traffic, where is this coming from? So we actually hooked up Google Analytics, which tha…”
Baiju Bhatt: Robinhood Prioritizes Design Because Founders Love It, Not Strategy
“The reason that we spent a lot of time on design and the reason that today, even today when Robin is actually a much bigger company that I spend most of my time on design is just because we love it.”
Robinhood Instant reached 100,000 signups in 12 hours after announcement
“In the 1:12 hours after we announced it, we had about a 100,000 people that had signed up to use it, so that was like, holy shit.”
Bhatt: Broker-dealer regulatory approval in the US takes at least a year
“Getting the green light from the regulators to be able to do business in the United States takes at least about a year and a lot of money.”
Bhatt: Discussing Robinhood pre-launch would have violated regulatory rules
“And during that period of time, it's a really bad idea to speak publicly about the things that we were planning on doing, because if we had done so, we would have basically been soliciting customers for financial services product without the requisite licenses…”