TJ Grad & Robinhood CEO Vlad Tenev could be worth $2.5 billion after IPO

[Anonymous]

"Robinhood CEO and co-founder Vlad Tenev will have a paper fortune of over $2.5 billion when the company starts trading, according to an SEC filing. But his real payday will be in the years after, when he could earn another $4.7 billion in stock compensation.

Robinhood is seeking a market value of up to $35 billion in its upcoming initial public offering, with a share price of between $38 to $42 a share. The offering marks the public coronation of the controversial investing platform that made “democratizing finance for all” its mission. Yet Robinhood’s millions of small investors have also created huge fortunes for its founders."

https://www.cnbc.com/2021/07/19/robinhood-ceo-vlad-tenev-could-be-worth-2point5-billion-after-ipo.html

[Anonymous]

I foresee guillotines.

[Anonymous]

He should donate some of that to TJ.

[Anonymous]

He should be facing jail

[Anonymous]

He 'could' be is like saying WeWork 'could' be worth billions. Last I checked their IPO flopped. They went from an initial valuation of $47 billion to $2 billion within a week and the pandemic has not helped that at all.

https://www.businessinsider.com/wework-valuation-falls-47-billion-to-less-than-3-billion-2020-5

[Anonymous]

Is he the first billionaire TJ graduate?

[Anonymous]

He is already a billionaire since 2018.

[Anonymous]

Anonymous wrote:He should be facing jail

I don't know about jail. But he certainly shouldn't be profiting from Robinhood.

Boo.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:He should be facing jail

I don't know about jail. But he certainly shouldn't be profiting from Robinhood.

Boo.

OMG, Someone has made a product that I don't like. Therefore he shouldn't make any money on it.

DCUM at it's finest...

The PP is probably talking about the Robinhood fiacso where they illegally stopped trading for Gamestock (GME) at the behest of commercial investors.

https://www.nytimes.com/2021/02/26/business/robinhood-gamestop.html

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:He should be facing jail

I don't know about jail. But he certainly shouldn't be profiting from Robinhood.

Boo.

OMG, Someone has made a product that I don't like. Therefore he shouldn't make any money on it.

DCUM at it's finest...

The PP is probably talking about the Robinhood fiacso where they illegally stopped trading for Gamestock (GME) at the behest of commercial investors.

https://www.nytimes.com/2021/02/26/business/robinhood-gamestop.html

You know there are many other brokerages these people could have gone to, right?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:He should be facing jail

I don't know about jail. But he certainly shouldn't be profiting from Robinhood.

Boo.

OMG, Someone has made a product that I don't like. Therefore he shouldn't make any money on it.

DCUM at it's finest...

The PP is probably talking about the Robinhood fiacso where they illegally stopped trading for Gamestock (GME) at the behest of commercial investors.

https://www.nytimes.com/2021/02/26/business/robinhood-gamestop.html

I realized what PP was talking about. What RH did wasn't illegal. It was a risk inherent in it's business model and did not violate it's T&Cs. Personally, I would never invest through RH. Apparently it still has some happy customers so I don't begrudge them.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:He should be facing jail

I don't know about jail. But he certainly shouldn't be profiting from Robinhood.

Boo.

OMG, Someone has made a product that I don't like. Therefore he shouldn't make any money on it.

DCUM at it's finest...

The PP is probably talking about the Robinhood fiacso where they illegally stopped trading for Gamestock (GME) at the behest of commercial investors.

https://www.nytimes.com/2021/02/26/business/robinhood-gamestop.html

I realized what PP was talking about. What RH did wasn't illegal. It was a risk inherent in it's business model and did not violate it's T&Cs. Personally, I would never invest through RH. Apparently it still has some happy customers so I don't begrudge them.

It’s terms won’t mean anything if there are securities law violations. The investigations and lawsuits are winding their way through now

[Anonymous]

Anonymous wrote:OMG, Someone has made a product that I don't like. Therefore he shouldn't make any money on it..

+100

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:He should be facing jail

I don't know about jail. But he certainly shouldn't be profiting from Robinhood.

Boo.

OMG, Someone has made a product that I don't like. Therefore he shouldn't make any money on it.

DCUM at it's finest...

The PP is probably talking about the Robinhood fiacso where they illegally stopped trading for Gamestock (GME) at the behest of commercial investors.

https://www.nytimes.com/2021/02/26/business/robinhood-gamestop.html

I realized what PP was talking about. What RH did wasn't illegal. It was a risk inherent in it's business model and did not violate it's T&Cs. Personally, I would never invest through RH. Apparently it still has some happy customers so I don't begrudge them.

It’s terms won’t mean anything if there are securities law violations. The investigations and lawsuits are winding their way through now

The people at the top usually buy their way out. Maybe some scapegoat will be held responsible.

[Anonymous]

Anonymous wrote:"Robinhood CEO and co-founder Vlad Tenev will have a paper fortune of over $2.5 billion when the company starts trading, according to an SEC filing. But his real payday will be in the years after, when he could earn another $4.7 billion in stock compensation.

Robinhood is seeking a market value of up to $35 billion in its upcoming initial public offering, with a share price of between $38 to $42 a share. The offering marks the public coronation of the controversial investing platform that made “democratizing finance for all” its mission. Yet Robinhood’s millions of small investors have also created huge fortunes for its founders."

https://www.cnbc.com/2021/07/19/robinhood-ceo-vlad-tenev-could-be-worth-2point5-billion-after-ipo.html

This is why Ethics should be a required course at TJ.