Trading Restrictions

topic on 1 show · 1 statements across 1 episodes

20VC

1 statements about Trading Restrictions, every show

20VC Opinion
Tenev: Preventing retail investors from selling would have caused street riots
“If you have a customer who's unable to close their positions at the all time high, As bad as this was, not allowing customers to close their positions would have been much worse. I mean, there would have been, like, rioting on the streets if we had not allowed…”
Vlad Tenev Mar 4, 2021 ▶ 18:04 20VC: Robinhood Founder Vlad Tenev on His Biggest Lessons Managing Through A Crisis, The Events of The Congressional Committee, Raising $2.4Bn Fast and Why It Was Necessary & Why It Is Ludicrous To Suggest Robinhood Put The Business Ahead of it's Customer

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