All The Fintech - 5.30.18 - Robinhood's valuation is...reasonable?
allthefintech.substack.com
It’s a common refrain that if it wasn’t for VC funding growth at all costs, apps such as Robinhood or Acorns would not be able to sustain their commission models. But when you dig a little bit deeper into exactly how brokerage firms really make money, I believe that premise starts to fall apart.
All The Fintech - 5.30.18 - Robinhood's valuation is...reasonable?
All The Fintech - 5.30.18 - Robinhood's…
All The Fintech - 5.30.18 - Robinhood's valuation is...reasonable?
It’s a common refrain that if it wasn’t for VC funding growth at all costs, apps such as Robinhood or Acorns would not be able to sustain their commission models. But when you dig a little bit deeper into exactly how brokerage firms really make money, I believe that premise starts to fall apart.