Sublime

I sat down with the CEO and CoFounder of Robinhood, Vlad Tenev, to discuss a variety of topics after Robinhood's Gold Standard event. In the podcast, we discussed the early days of Robinhood and how the company grew, the economics behind Robinhood Gold's new 1% unlimited match on deposits, how Robinhood thinks of the... See more

In our latest Cheeky Pint, @vladtenev of Robinhood and I discussed hoarding Bulgarian copper pots, his pitch to tokenise private stocks, how Michael Lewis got Flash Boys wrong, Vlad’s admiration for Frank Slootman, and what he’d do as SEC Chairman. I also discovered that Vlad can do a handstand push up. (He nearly took down the Cheeky Pint... See more

Today, we are launching prediction markets on @RobinhoodApp. As a former mathematician and physicist, I am motivated by the search for objective truth. How can we make sense of all the information out there, and who can we trust? Before we had the Internet, say in the 1970s,

How can Robinhood afford to give 3% cash back? @vladtenev answers 2 customers: Transactors pay balance in full. RH is using this as upsell to other Robinhood products via Gold Revolvers use debt. RH makes money lending to them. They are ultimately... See more

We raised $60M for this moment: Introducing Slash Global USD (in partnership w/ @base). It's the first banking platform that lets you open a USD account without an LLC, EIN, or the rampant account closures they call "account safety". It took major legislative changes AND 3 years to pull this... See more