The $Cashtag$ Legend

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Vlad Tenev, cofounder of $HOOD ( ▲ 0.25% ) was announced as the 1st Stocktwits $Cashtag$ Legend award winner. He went up against the founder of $COIN ( ▲ 0.87% ) , Brian Armstrong, and ultimately was selected as the winner by the community.

Social Leverage was a seed investor in Robinhood, and my partner, Howard Lindzon, sat down with Vlad to take about his journey. From high frequency trading software living in NYC to building the worlds first mobile first brokerage with $0 commissions.

For those who have read my writings in the past, you know there are few stocks I am very bullish on long term and $HOOD ( ▲ 0.25% ) is one of them. From trading to crypto to wealth management to banking to delivery for my cash, Robinhood is attacking financial services at every angle. On top of that, they figured out how to charge a subscription fee similar to a Costco or Amazon. They haven’t done a ton of acquisitions, but they have made some savvy moves like acquiring TradePMR to bolster their move into the wealth management advisory world.

The future for $HOOD ( ▲ 0.25% ) seems bright and with Etoro set to go public, the brokerage world is going to have some exciting new public companies!

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