Robinhood Said To Push Forward With IPO Plans For March, Despite Recent Chaos

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Robinhood Said To Push Forward With IPO Plans For March, Despite Recent Chaos

zerohedge2021-03-01

Well, we might finally have an answer as to why Robinhood CEO Vlad Tenev was so eager to go on a non-stop PR tour over the last few weeks - one that included everything from testifying in front of ...

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Comment（10）

trojan1337
·2021-03-02
Bad choice
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gangan
·2021-03-01
Nb
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decayer888
·2021-03-01
Lol
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- mat4915:
  indeed
  2021-03-01
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EZQQQQ
·2021-03-01
Fuck RH
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- Terry1989:
  screwed up brokerage
  2021-03-02
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leongsiak
·2021-03-01
Robinhood doesn't live with its name
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mohjoejoejoe
·2021-03-01
Lol
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2
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edwinsercl
·2021-03-01
Lol
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Ivanljh
·2021-03-01
still want ipo?!
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- dandan_4896:
  ya sia, slap them la, bully retail investors
  2021-03-01
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Kyron_C
·2021-03-01
Short their stocks!!!!![憤怒] [憤怒] [憤怒] [憤怒] [憤怒]
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- SKHan:
  Yeah!!
  2021-03-02
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- dandan_4896:
  same sentiments :)
  2021-03-01
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- Pewuf:
  Screw them!
  2021-03-01
  Reply
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Chye
·2021-03-01
Lol
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It had already been reported that Goldman Sachs would lead the preparations for the IPO, which could value the company at more than $20 billion.\n\nMost recently, the firmfound itself in a war of wordswith investing legend Charlie Munger, who said last Thursday: “I hate this luring of people into engaging in speculative orgies. [Robinhood] may call it investing, but that’s all bullshit. It’s really just wild speculation, like casino gambling or racetrack betting. There’s a long history of destructive capitalism, these trading orgies whooped up by the people who profit from them.”\n“If you are selling them gambling services, where you rake profits off the top like many of these new brokers who specialize in luring the gamblers in, I think it’s a dirty way to make money, and I think that we’re crazy to allow it,” Munger said last week.\nContinuing to dodamage controlpublic relations, Robinhood fired back, calling his comments “disappointing and elitist.” A Robinhood spokeswoman responded: “In one fell swoop an entire new generation of investors has been criticized and this commentary overlooks the cultural shift that is taking place in our nation today. Robinhood was created to allow people who don’t have access to generational wealth or the resources that come with it to begin investing in the U.S. stock market.”\nWe're guessing Munger, or Berkshire, won't be participating in the IPO.","kind":null,"is_publish_news":false,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":362681172,"gmtCreate":1614622324996,"gmtModify":1704773242403,"author":{"id":"3574916293171379","authorId":"3574916293171379","name":"trojan1337","avatar":"https://static.tigerbbs.com/943a776c7741ee5cc4d67b3592fbb000","vip":1,"hat":"https://static.tigerbbs.com/ae1f49570794979e009a5efdeb6f4789","crmLevel":6,"crmLevelSwitch":1,"idStr":"3574916293171379","authorIdStr":"3574916293171379"},"htmlText":"Bad choice","listText":"Bad choice","text":"Bad 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RH","listText":"Fuck RH","text":"Fuck RH","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/362102521","repostId":1178645947,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3692140,"gmtCreate":1614639189610,"gmtModify":1680778790730,"authorId":3568630624134613,"author":{"id":3568630624134613,"idStr":"3568630624134613","authorId":3568630624134613,"name":"Terry1989","avatar":"https://static.tigerbbs.com/8272a89e76043ea5cf409608f7f69586","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":362102521,"type":1,"supId":0,"prevId":0,"content":"screwed up brokerage","text":"screwed up brokerage","html":"screwed up brokerage"}],"langContent":"EN"},{"id":362103167,"gmtCreate":1614603737359,"gmtModify":1704772925610,"author":{"id":"3572478889900546","authorId":"3572478889900546","name":"leongsiak","avatar":"https://static.tigerbbs.com/1027f096cd968667d18cb31e27f3607a","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"3572478889900546","authorIdStr":"3572478889900546"},"htmlText":"Robinhood doesn't live with its name","listText":"Robinhood doesn't live with its name","text":"Robinhood doesn't live with its name","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/362103167","repostId":1178645947,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":362370993,"gmtCreate":1614602537512,"gmtModify":1704772907020,"author":{"id":"3570664633810000","authorId":"3570664633810000","name":"mohjoejoejoe","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3570664633810000","authorIdStr":"3570664633810000"},"htmlText":"Lol","listText":"Lol","text":"Lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/362370993","repostId":1178645947,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":362340936,"gmtCreate":1614601372225,"gmtModify":1704772893554,"author":{"id":"3568292500541996","authorId":"3568292500541996","name":"edwinsercl","avatar":"https://static.tigerbbs.com/7139200c8e6e121141ef3eec72adebae","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3568292500541996","authorIdStr":"3568292500541996"},"htmlText":"Lol","listText":"Lol","text":"Lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/362340936","repostId":1178645947,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":362352450,"gmtCreate":1614601015670,"gmtModify":1704772888298,"author":{"id":"3568455995229881","authorId":"3568455995229881","name":"Ivanljh","avatar":"https://static.tigerbbs.com/237d85ea39e7e38e0642c9d66df805af","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3568455995229881","authorIdStr":"3568455995229881"},"htmlText":"still want ipo?!","listText":"still want ipo?!","text":"still want ipo?!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/362352450","repostId":1178645947,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3688920,"gmtCreate":1614601281552,"gmtModify":1680778743592,"authorId":3576232257279797,"author":{"id":3576232257279797,"idStr":"3576232257279797","authorId":3576232257279797,"name":"dandan_4896","avatar":"https://static.tigerbbs.com/d8b00e27a4dd6f248e38c3d78f21f188","vip":1,"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":362352450,"type":1,"supId":0,"prevId":0,"content":"ya sia, slap them la, bully retail investors","text":"ya sia, slap them la, bully retail investors","html":"ya sia, slap them la, bully retail investors"}],"langContent":"EN"},{"id":362356046,"gmtCreate":1614600780685,"gmtModify":1704772885867,"author":{"id":"3565321502615920","authorId":"3565321502615920","name":"Kyron_C","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3565321502615920","authorIdStr":"3565321502615920"},"htmlText":"Short their stocks!!!!![憤怒] [憤怒] [憤怒] [憤怒] [憤怒]","listText":"Short their stocks!!!!![憤怒] [憤怒] [憤怒] [憤怒] [憤怒]","text":"Short their stocks!!!!![憤怒] [憤怒] [憤怒] [憤怒] [憤怒]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/362356046","repostId":1178645947,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3693125,"gmtCreate":1614645564499,"gmtModify":1680778802942,"authorId":3573471135601329,"author":{"id":3573471135601329,"idStr":"3573471135601329","authorId":3573471135601329,"name":"SKHan","avatar":"https://static.tigerbbs.com/edb016a1e76d427cf4bc5ef3a5d38289","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":362356046,"type":1,"supId":0,"prevId":0,"content":"Yeah!!","text":"Yeah!!","html":"Yeah!!"},{"id":3688927,"gmtCreate":1614601317600,"gmtModify":1680778744478,"authorId":3576232257279797,"author":{"id":3576232257279797,"idStr":"3576232257279797","authorId":3576232257279797,"name":"dandan_4896","avatar":"https://static.tigerbbs.com/d8b00e27a4dd6f248e38c3d78f21f188","vip":1,"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":362356046,"type":1,"supId":3688867,"prevId":0,"content":"same sentiments :)","text":"same sentiments :)","html":"same sentiments :)"},{"id":3688867,"gmtCreate":1614600849587,"gmtModify":1680778744233,"authorId":3571721779055700,"author":{"id":3571721779055700,"idStr":"3571721779055700","authorId":3571721779055700,"name":"Pewuf","avatar":"https://static.tigerbbs.com/e32a69c3279db584e7094742e5e3eea9","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":362356046,"type":1,"supId":0,"prevId":0,"content":"Screw them!","text":"Screw them!","html":"Screw them!"}],"langContent":"CN"},{"id":362358884,"gmtCreate":1614600732848,"gmtModify":1704772884884,"author":{"id":"3574841223542926","authorId":"3574841223542926","name":"Chye","avatar":"https://static.tigerbbs.com/be1b036d0cb78c744dd371b23e1b5d9d","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3574841223542926","authorIdStr":"3574841223542926"},"htmlText":"Lol","listText":"Lol","text":"Lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/362358884","repostId":1178645947,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":32,"commentSize":10,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}