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Re:Robinhood lays off 23% of staff by idontpost on Tuesday August 02, 2022 @06:50PM (#32325289)
> The massive cash shortfall the company is experiencing today has nothing to do with those $55M that are no longer in the company's coffers.

Do you not understand how stock sales work?

The $55M didn't come from company coffers. It came from pension funds, hedge funds, and retail investors on the other side of the sale.

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