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
Tenev: Robinhood was first to tokenize OpenAI and SpaceX shares
“We were actually, I think, the first to tokenize OpenAI and SpaceX, and we made that available to our retail customers in Europe in the form of a giveaway”
Assertion Supported
Tenev: Most Robinhood users do not use leverage or trade options
“Most of our customers don't use leverage. Most of our customers aren't active traders or trading options”
Assertion Supported
Tenev: Robinhood shifted to intraday position limits across 50 stocks
“By Friday, we had moved to a much more sophisticated system where intraday we adjust the position limits in it was up to 50 stocks, and we published that on our website.”
Assertion Supported
Calacanis: DTCC demanded $3B in collateral from Robinhood
“The Depository and Trust and Clearing Corporation, which is Wall Street's main clearinghouse for stock trades demanded three billion dollars in additional collateral from Robin Hood, which they said was an order of magnitude more than usually required.”
Prediction Held up
Calacanis: Robinhood will survive the GameStop trading crisis
“They will not be. They will get through this, and there has, this is an unprecedented black swan event, I think we would all agree.”
Prediction Held up
Chamath predicts Tenev will not allocate 100% of Robinhood IPO to retail
“100%, he will not.”
Assertion Supported
Tenev: SEC fine was for order flow disclosures, not gamification
“Yeah, well, so the fine wasn't for gamifying Robin Hood. It was for Payment for order flow and business model related related things. The gamification one is the Massachusetts securities securities one, which is a separate thing.”
Assertion Supported
Tenev: Robinhood offers public and private tokenized securities in the EU
“We've made both available to some extent in the EU.”
Assertion Supported
Tenev: Robinhood holds over $250 billion in assets on platform
“We've got over a quarter trillion assets on the platform already”
Prediction Held up
Friedberg: Robinhood is almost certain to offer IPO shares to customers
“I think it's almost certain they're going to give some of the shares available in the IPO to Robinhood customer.”
Assertion Supported
Tenev: Robinhood does not permit short selling by retail investors
“Robinhood actually doesn't allow short selling by individuals, but a lot of the other brokers do.”
Assertion Supported
Tenev: Robinhood options trading cannot be executed on margin
“Number one, you can't trade options on margin. So options are all fully paid for, right?”
Assertion Supported
Friedberg: Robinhood drew down debt and raised $1B in emergency equity
“And so in that circumstance, they drew down debt, and they had to go get a billion dollars of equity.”