Robinhood's cofounder says he's buying a Ferrari Luce as a 'baby-mobile'

Tech Insider : Business, Sports
Baiju Bhatt, the cofounder of Robinhood, raises his left pointer finger while speaking onstage.
Baiju Bhatt said he will buy a Ferrari Luce for his wife to drive.

IMF

The subtext of Robinhood's layoff memo: It's not us, it's you

Tech Insider : Business, Crypto, Technology
Vlad Tenev
In announcing layoffs, Robinhood CEO Vlad Tenev said the company must "continuously raise our own bar."

Adam Gray/Bloomberg via Getty Images

Robinhood layoffs will cut 10% as part of an org chart 'flattening.' Read the CEO's memo.

Tech Insider : Business
Robinhood CEO Vlad Tenev in front of a step-and-repeat.
Robinhood is cutting 10% of its staff amid an organizational "flattening."

Taylor Hill/FilmMagic

Robinhood CEO Vlad Tenev says he's become 'more of a Luddite' as his company grows

Tech Insider : Business, Technology
Vlad Tenev
Robinhood CEO Vlad Tenev.

Jesse Grant/Getty Images for Breakthrough Prize

Robinhood's CEO says he has a group of 150 top employees he'd rebuild the company with if something 'apocalyptic' happened

Tech Insider : Business
robinhood vlad tenev
Co-founder and co-CEO of Robinhood Vladimir Tenev in 2016.

Noam Galai/Getty Images for TechCrunch

Robinhood has a stricter RTO for managers than individuals because it's good to know your manager is in 'more pain than you,' says CEO

Tech Insider : Business
Vlad Tenev portrait
Robinhood CEO Vlad Tenev said the company's principle is that change has to start at the top.

Steve Granitz/Getty

Robinhood is known for its meme-stock and crypto traders. Its CEO says users are embracing passive investing too.

Tech Insider : Business, Crypto, Style
Vlad Tenev, CEO and Co-Founder, Robinhood in his office on July 15, 2021 in Menlo Park, California.
Vlad Tenev, CEO and cofounder of Robinhood.

Kimberly White/Getty Images for Robinhood

2024 was the year America started to bet on everything

Tech Insider : Economy, Business, Crypto
An American flag with dice instead of stars

iStock; Rebecca Zisser/BI

Robinhood's cofounder has joined the rapidly growing commercial space race, and wants to beam solar power from satellites to earth

Tech Insider
Aertherflux rendering of an Apex saltellite in orbit above Earth.
Aetherflux plans to launch a constellation of satellites capable of transmitting solar power to Earth.

Aetherflux

Klarna, the buy-now, pay-later firm, is looking to make a Robinhood-like product for trading stocks, an internal job ad shows

Tech Insider
Klarna's logo displayed on a phone screen with its website behind it
Klarna is preparing for an IPO, widely anticipated to be in the US.

Illustration by Thiago Prudencio/SOPA Images/LightRocket via Getty Images

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