‘I’m Not a Huge Fan’: Robinhood Users Who Passed on the IPO

  • Reasons included distrusting CEO to greater interest in crypto
  • One ‘regular investor’ is ‘not looking for anything crazy’
Robinhood CEO Tenev on ‘Humbling’ Moment of IPO
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This was supposed to be the moment that Robinhood Markets Inc.’s users could sit at the IPO table with Wall Street insiders.

Turns out that plenty of the app’s users decided to take a pass.