Valuation for Robinhood, Maker of App That Offers Free Stock Trades, Tops $5 Billion

Sorry - I often (wrongly) lump in etfs with the indexes. etfs are definitely dangerous in my view - consider the industries/sectors/etc one can broadly invest in with no real knowledge!

Most of the Robinhood users play with wild short term options and they lose a lot by greediness.

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yah. Hence why I mentioned above that Robinhood gamifies the experience, so people don’t realize they are losing real money till too late…

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Nah, I am around - was just busy.

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Cool, we thought we lost you forever !

Busy with what?

new team & some other things…

Wow!! The king is back!! :confetti_ball: :tada:

Such high deference :rofl:

@tomato is the king of vegetables. :smile:

From deference to mockery in one fell swoop… :rofl:

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I thought tomatoes were actually fruits. King of Fruits! :rofl:

King of fruits is durian :rage:

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That’s correct. @tomato can only be king of vegetables. Sorry. :smile:

Gross

You are the first SE Asian I met who doesn’t like durians. :thinking:

I think half of us don’t. It’s an acquired taste

Taste like feet. :face_vomiting:

I see many can’t afford D24 :cold_face:

Time to update the title of this thread.

https://www.google.com/amp/s/www.bloomberg.com/amp/news/articles/2019-05-24/robinhood-is-set-to-raise-at-least-200-million-in-new-funding

Robinhood Is Set to Raise at Least $200 Million in New Funding

  • Round values the fintech startup at more than $7 billion

  • Talks with investors are ongoing and the round could grow