HOOD TL;DR
Robinhood Markets
Brief History
Founded in 2013 by Vlad Tenev and Baiju Bhatt, Robinhood pioneered commission-free stock trading and sparked a retail investing revolution. The app exploded during COVID and the 2021 meme-stock frenzy, IPO'd at a $32B valuation, then cratered as trading volumes dried up. The company cut staff, diversified into crypto, options, and retirement accounts, and finally turned profitable in 2024.
Investment Thesis
Coming Soon
