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Re:Robinhood S-1 IPO by DCF on Thursday July 01, 2021 @07:31PM (#27706198)
I'm curious why this alone is such a problem? This is substantially better than many other companies at IPO.
Re:Robinhood S-1 IPO by raziel2701 on Thursday July 01, 2021 @11:26PM (#27707542)
I have certain things I look for to determine if a company is worth researching more, and one of them is if they're highly profitable (they're not), if they have a lot of free cash flow (they don't). I cannot evaluate what their assets amounting to $15B are and whether or not these are under/overvalued, so instead I look at cash - debt as that's something I understand much better.

There's no magical formula, tons of people like to put money on unprofitable companies that have a lot of hype and tell you a good story about their mission. For me, I look for companies that are making money today, that have a good earnings rate of growth relative to their p/e ratio, and a business that I understand.

Robinhood is not that. It could be that in the future when I revisit it in a couple quarters or more, but it's not for me.

Hence why I'll pass on this one.