3.4 Billion
topic on 1 show · 1 statements across 1 episodes
1 statements about 3.4 Billion, every show
Tenev: Robinhood's $3.4B raise provided liquidity, not a deposit bailout
“We met all of our deposit requirements. The new capital that we raised, the 3.4 billion, wasn't to meet our ongoing deposit requirements. We had met them and in order to relax them and eventually unrestrict them, we needed to raise some more capital and eventu…”