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by exclusiv 1889 days ago
Schwab executes my trades as they should and I don't have to worry about them lying about liquidity problems. Vlad was a complete disaster during the congressional testimonies.

He got obliterated on his suggestion that they have suicide support (A rep called the support hotline and it went straight to voicemail). He said "I admit to always improving". Was extremely shady if there was no wrongdoing.

Chamath said "I remember when I met the @RobinhoodApp founders when they were raising their Seed, Series A and Series B. I passed. Why? Optimize for integrity whenever possible because integrity compounds and assholes will fuck you." [1]

I think we'll find out a lot more about Vlad and his operation in the near future. I do not wish them luck on their IPO.

[1] https://twitter.com/chamath/status/1354947541125611526

1 comments

I don't think parent was saying Robinhood was good at executing trades, just that its UI was more functional than other brokers'.