E22: Reflecting on the Robinhood situation with Bestie Guestie Vlad Tenev
from All-In with Chamath, Jason, Sacks & Friedberg
by All-In Podcast, LLC
Published: Sat Feb 13 2021
Show Notes
Follow the besties:
https://twitter.com/DavidSacks
Follow the pod:
https://twitter.com/theallinpod
https://linktr.ee/allinpodcast
Intro Music Credit:
https://twitter.com/yung_spielburg
Intro Video Credit:
https://twitter.com/MikeSylvan
Show Notes:
0:00 Bestie intro, congrats to Friedberg on a big beak wet
1:44 Jason intros Vlad Tenev
2:48 Vlad fields questions on Robinhood's choice to stop the buying of $GME, his CNBC appearance, self-clearing, liquidity & more
Allowing access to margin, Robinhood's prior SEC fines, Robinhood accounts that go bankrupt, debunking conspiracy theories, WallStreetBets & more
Should there be more transparency in the financial markets? Will Robinhood's IPO shares be sold to their retail users? What will they change internally going forward, and how would they have handled the meme stocks situation differently?
Vlad tells the real story of Jason investing & signs off
Vlad's returns to answer more questions on users that lost everything, future of payment for order flow & more
Debriefing Vlad's performance