They'll be crying all the way to the bank.
They'll be crying all the way to the bank.
Omg the horror, robinhood didn't pay its parking ticket and now it got a fine
https://www.investopedia.com/articles/active-trading/020515/how-robinhood-makes-money.asp
Independent analysis suggests that payments for order flow generated an estimated $69 million in revenue for Robinhood in 2018, up 227% from the previous year, and accounted for more than 40 percent of its overall revenue.3 4 In Q2 2020, Robinhood generated approximately $180 million from payments for order flow.5
On February 1, 2021, Robinhood announced that it had raised an additional $3.4 billion with investments coming from Ribbit Capital, ICONIQ Capital, Andreessen Horowitz, Sequoia, Index Ventures, and NEA.11 In September 2020, Robinhood raised $660 million in a Series G funding round, which valued the company at $11.7 billion.12 In May 2020, Robinhood raised $280 million in a Series F funding round, valuing the company at $8.3 billion.13 Robinhood completed its Series E round in July 2019, raising $323 million at a $7.6 billion valuation.14 The company has raised $5.6 billion in total funding.15
Omg the horror, robinhood didn't pay its parking ticket and now it got a fine
https://www.investopedia.com/articles/active-trading/020515/how-robinhood-makes-money.asp
Independent analysis suggests that payments for order flow generated an estimated $69 million in revenue for Robinhood in 2018, up 227% from the previous year, and accounted for more than 40 percent of its overall revenue.3 4 In Q2 2020, Robinhood generated approximately $180 million from payments for order flow.5
On February 1, 2021, Robinhood announced that it had raised an additional $3.4 billion with investments coming from Ribbit Capital, ICONIQ Capital, Andreessen Horowitz, Sequoia, Index Ventures, and NEA.11 In September 2020, Robinhood raised $660 million in a Series G funding round, which valued the company at $11.7 billion.12 In May 2020, Robinhood raised $280 million in a Series F funding round, valuing the company at $8.3 billion.13 Robinhood completed its Series E round in July 2019, raising $323 million at a $7.6 billion valuation.14 The company has raised $5.6 billion in total funding.15
(post is archived)