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Robinhood CEO: Making Everyone An Owner

Shownote

Vlad Tenev built Robinhood by breaking every rule Wall Street wrote: zero commissions when competitors charged $10, mobile-first when "serious" investors demanded desktop, a brand that made finance feel like rebellion instead of a club you'd never join. B...

Highlights

In an era where trust in institutions is eroding, one fintech founder has spent over a decade reimagining how everyday people access and engage with financial markets. What began as a rebellion against outdated brokerage norms has evolved into a broader mission: reshaping ownership, transparency, and participation in the digital economy.
19:51
The clearing system's failure during GameStop was due to antiquated T+1 settlement and unnecessary collateral demands.
27:47
Tokenization can eliminate middlemen and collateral issues in trading
39:25
Private equity firms 'launder volatility' by shielding companies from real-time market pricing.
57:54
Prediction markets are 'truth machines' that improve trading efficiency and forecasting.
1:01:00
Prediction markets can outperform traditional forecasting methods by aggregating decentralized knowledge.

Chapters

How breaking the rules made Robinhood a market disruptor
00:00
Surviving collapse: from near-bankruptcy to IPO and beyond
22:26
Why going public is broken—and how to fix it for regular investors
39:25
Building a financial home for both your parents and your kids
52:34
Can prediction markets tell us what’s really going to happen?
1:01:00

Transcript

Vlad Tenev: It's our truth machines, like we're constantly being bombarded by all this information and noise. Anyone can be an influencer, anyone can have a podcast. How do you sift through that and figure out what's actually going to happen? Erik Torenbe...