Hacker News new | past | comments | ask | show | jobs | submit login

So in other words, a small subset of customers significantly overpaid so that a large number of customers could get a bargain. The question is whether that's this a good thing, and also whether it's sustainable. Presumably those high-paying customers are going to be top candidates for competing brokerages to steal away with offers of better execution price. If that happens, does RH just content itself with lower profits -- or do they start finding new ways to increase revenue on the backs of their remaining customers?



I don't think that's correct. I think RH makes most of its money from the customers who are executing lots of small transactions.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: