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Re:Robinhood stock trading app confirms $110M raise at $1.3B... by rtx on Wednesday April 26, 2017 @02:43PM (#14205781)
Most lifestyle business have similar revenue models. We shouldn't just object against one company.
Re:Robinhood stock trading app confirms $110M raise at $1.3B... by icedchai on Wednesday April 26, 2017 @03:26PM (#14206160)
Lifestyle businesses, by definition, turn a profit. I doubt the same can be said for Robinhood.
Re:Robinhood stock trading app confirms $110M raise at $1.3B... by Steeeve on Wednesday April 26, 2017 @03:32PM (#14206212)
The difference being that margin investing by novice investors has already led to the worst economic collapse in history.
Re:Robinhood stock trading app confirms $110M raise at $1.3B... by tanderson92 on Wednesday April 26, 2017 @04:09PM (#14206505)
Many home buyers are novice investors. There was more to it than novice investors blowing up the real estate market due to misunderstanding margin.
Re:Robinhood stock trading app confirms $110M raise at $1.3B... by GenWintergreen on Wednesday April 26, 2017 @04:53PM (#14206891)
Believe it or not, buying a very expensive home with poor understanding of the market and finance mostly through debt can be seen as analogous to un-collateralized leveraged investing....