3.4 billion
1 statements across 1 episodes · 1 bullish · 0 bearish · 1 people on the record · first statement Feb 13, 2021 by Vlad Tenev · across every show →
Everything said about 3.4 billion, oldest first
Feb 13, 2021 positive
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…”