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That's an insane evaluation for 2m customers, most of which are probably playing with small "if-this-goes-im-too-scared-and-no-longer-a-customer" amounts of money.

Robinhood are also hilariously inept; See the box-spread fiasco and the checkings and savings account.


Robinhood wasn’t legally allowed to open checking or savings accounts, but no one said anything about checking and savings accounts. I mean, until the SEC and SIPC did. They said no.

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