EYL #154 Robinhood’s CEO Vlad Tenev on GameStop Controversy, Wall Street, & Changing Finance
Earn Your Leisure
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What's the Cost Structure of a Brokerage?
The first company was silaris. Is that am i saying i write? Ye. So when we got the idea for just the simple value proposition, right? A, paying zero dollars per transaction instead of paying seven dollars,. And kind of making it mobile, cause nobody had done that really in the past. Yos made an extremely user friendly and a, it doesn't cost anything - which if you're not familiar with it, wasn't always the case. It usd to be like seven dollars pe trade, or five dollars per trade, of some that adds up over the corse of time.
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