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A comment on Robinhood stock trading app confirms $110M raise at $1.3B valuation. Parent comment
They get a good deal on the commission and they get enough money from the gold subscribers to cover the commissions across all users.
A fix subscription package is user friendly and easy to understand. It can be "better" for business than a variable commission on trades.
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They get a good deal on the commission and they get enough money from the gold subscribers to cover the commissions across all users.
A fix subscription package is user friendly and easy to understand. It can be "better" for business than a variable commission on trades.