Re:Robinhood Will Retool Checking Product Following Scrutiny
by mbesto on Sunday December 16, 2018 @09:59AM
(#18693294)
> If they say no, it doesn't happen long enough for anybody to really come to any harm.
They just got 600k people to signup. Even if they convert 10% of those for brokerage accounts (and not checking) it's probably worth it.
This reminds me of Lance Armstrong and Trek Bicycles. Trek doesn't have to return any of its record profits for all of the years they sponsored a cheater. (for the record, I own several Trek bikes and they're fantastic)
They just got 600k people to signup. Even if they convert 10% of those for brokerage accounts (and not checking) it's probably worth it.
This reminds me of Lance Armstrong and Trek Bicycles. Trek doesn't have to return any of its record profits for all of the years they sponsored a cheater. (for the record, I own several Trek bikes and they're fantastic)