That’s my letter grade for the Robinhood IPO.
You may say no matter you need concerning the lack of a pop. However in the long run, their staff and buyers are actually liquid to monetize a few of their shares at an extremely excessive valuation, their customers have been in a position to take part within the deal – in measurement – and, pretty importantly, they managed to boost over $2 billion, which remains to be actual cash.
Michael, Ben and I mentioned this, plus the rampaging profitability of America’s largest shares, on this model new clip from The Compound and Pals. Thanks for watching, share it with all your folks 🙂
You may take a look at the whole podcast episode here.