why aren't all 13 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
Assertion Supported
Blankfein: Robinhood incorrectly claimed to offer government-insured accounts early on
“I looked at, you know, Robin Hood, great company. But early on, you know, they declared a kind of they declared that they had government-insured accounts that weren't government-insured. They had some slip-ups and a lot of apologies get made. You could do that…”
Assertion Not checkable as stated
Tenev: High-net-worth clients routinely seek to move $100M+ to Robinhood
“Nowadays I'm routinely talking to customers that are looking to move hundreds of millions and have that in Robinhood.”
Prediction Not checkable as stated
Tenev: Robinhood aims to automate family offices holding tens of billions
“The goal is if you have a family office, you should be able to run that family office on Robinhood, or we can automate the running of that for you. And you can have tens of billions on there and feel like you're actually at a disadvantage using any other brick…”
Prediction Not checkable as stated
Tenev: Retail access to private company equity will become normalized
“Makes me very confident. It's going to evolve in the same way too, where they'll start to see it a little bit. It'll become normalized. And then the advantages will become clear. Like you'll have retail fans as a private company, many of whom could be your cus…”
Assertion Supported
Tenev: Prediction markets are currently Robinhood's fastest-growing business segment
“Like who would have guessed two years ago that prediction markets would be our fastest growing business.”
Prediction Not checkable as stated
Tenev: Robinhood will be a prime beneficiary of the $120T wealth transfer
“A 120 trillion moving into the hands of younger generations from the baby boomers and silent which I think we can be the prime better fish here of”
Insight
Tenev: Active Robinhood traders are most likely to adopt retirement products
“The most engaged users actually use more of our products and have more accounts, so the path, ah, the path that someone takes when they use Robinhood, typically they come in because they want to buy one stock or one crypto, and then some of them are more activ…”
Insight
Tenev: Time and user turnover are the keys to brand crisis recovery
“I think time is by far the biggest element. People forget, you know, you have new young people, new users coming in, replacing the ones that were really upset.”
Disclosure
Tenev: Robinhood employees must use competitor platforms for 10b5-1 trading plans
“And one of the things that pains me is we don't offer those services. So if you're under a 10 B five one or you have employee stock rewards, we have to use one of our competitors.”
Assertion Supported
Strange: Robinhood forced zero-commission trading across major U.S. brokerages
“Trading now is free. I would argue that's in large part because Robinhood came along, made trading free, and put pressure on all the large brokerages.”
Assertion Supported
Haber: High interest rates drive deposit revenue for Robinhood and Mercury
“Robinhood, Mercury, many of these companies are generating very significant percentages of their revenue and profits today from deposit flows as rates have gone up.”
Disclosure
Tenev: Robinhood allocated 20% to 25% of its IPO to retail investors
“We at the time had the largest retail allocation. I think certainly of any IPO of our size it was between 20 and 25%.”
Disclosure
Perret: Robinhood integration served as Plaid's best early referral engine
“And you know, the best marketing that we did was you know, having Robinhood use our product and then having someone use Robinhood and say, how did you do that to Robinhood? And Robinhood would send them to us. And so there was this kind of like amazing referra…”