News for hackers. Stuff that matters.
Re:Robinhood stock trading app confirms $110M raise at $1.3B... by lend000 on Wednesday April 26, 2017 @12:57PM (#14204772)
> Robinhood is taking on a lot of risk and using that as proof that they're a profitable company.

Margin positions are typically liquidated when they go negative. At worst, the customer owes Robinhood some leftover slippage after their margin gets called. And typically, margins are called before your account goes negative.

Re:Robinhood stock trading app confirms $110M raise at $1.3B... by mabbo on Wednesday April 26, 2017 @02:48PM (#14205825)
I agree, it's not as risky as it might be. But there's still something unsettling about lending money to people to gamble with.