Vlad Tenev is the Founder and CEO of Robinhood, the greatest story on Wall St of the last decade. In the previous 18 months, Robinhood has increased its net revenue by 58% to nearly $3B; a $500M loss in 2023 turned into a $1.1B profit in 2024. Robinhood’s stock is up roughly 4x, lifting their market cap to north of $80B. Today, Robinhood has nine lines of business that do over $100M in revenue.
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In Today’s Episode We Discuss:
00:00 Intro
00:43 How Robinhood 4x’d Its Market Cap in 8 Months
03:05 AI Writes 50% of All Net New Code at Robinhood
03:50 Why Robinhood Built a Secret ChatGPT for Support
07:24 The One Customer Type That Transformed the Business
11:21 “CoreWeave Is Retail’s Way Into AI” - The Meme Stock Defense
15:30 Inside Robinhood’s Tokenized Private Shares Product
21:05 “Capital as a Service” - Vlad’s Wild Vision for Startup Fundraising
25:55 The $100M Revenue Line Vlad Wishes He Could Kill
27:12 What Line of Business Will Be t...