[astura]

Robinhood's original referral promotion (and the one I signed up for) was $10. Presumably people were just collecting the $10 and not using it to buy stock so they pretty quickly changed it to "1 stock." If it were still $10 the person would have made $230 rather than losing money.

Also, what's the TOS on this referral promotion? IIRC, for many services these referral codes are for private distribution and forbid this sort of thing.

[uberstuber]

I didn't find anything in the TOS strictly forbidding it, though I wouldn't be surprised if I overlooked it. I figure it's still a win for Robinhood if they get more sign-ups.

[stockstream]

I'm quite certain its ok to share referral codes in that way- I've referred probably thousands of people though my project.

Shameless plug: https://stockstream.live/

[astura]

Ok, thanks. I had just saw something like that for another service at some point so I thought it might be common.

For example, the Uber policy:

>Uber may, in its sole discretion, create referral and/or promotional codes ("Promo Codes") that may be redeemed for discounts on future Services and/or a Third Party Provider's services, or other features or benefits related to the Services and/or a Third Party Provider's services, subject to any additional terms that Uber establishes. You agree that Promo Codes: (i) must be used for the intended audience and purpose, and in a lawful manner; (ii) may not be duplicated, sold or transferred in any manner, or made available to the general public (whether posted to a public form or otherwise), unless expressly permitted by Uber;

Reading it again that might not actually say what I thought it did.