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All-In with Chamath, Jason, Sacks & Friedberg

E22: Reflecting on the Robinhood situation with Bestie Guestie Vlad Tenev

All-In with Chamath, Jason, Sacks & Friedberg

All-In Podcast, LLC

Business, Technology, Entrepreneurship

4.010.4K Ratings

🗓️ 13 February 2021

⏱️ 50 minutes

🧾️ Download transcript

Summary

Follow the besties:

https://twitter.com/chamath

https://linktr.ee/calacanis

https://twitter.com/DavidSacks

https://twitter.com/friedberg

https://twitter.com/vladtenev

Follow the pod:

https://twitter.com/theallinpod

https://linktr.ee/allinpodcast

Intro Music Credit:

https://rb.gy/tppkzl

https://twitter.com/yung_spielburg

Intro Video Credit:

https://twitter.com/MikeSylvan

Show Notes:

0:00 Bestie intro, congrats to Friedberg on a big beak wet

1:44 Jason intros Vlad Tenev

2:48 Vlad fields questions on Robinhood's choice to stop the buying of $GME, his CNBC appearance, self-clearing, liquidity & more

11:02 Allowing access to margin, Robinhood's prior SEC fines, Robinhood accounts that go bankrupt, debunking conspiracy theories, WallStreetBets & more

21:57 Should there be more transparency in the financial markets? Will Robinhood's IPO shares be sold to their retail users? What will they change internally going forward, and how would they have handled the meme stocks situation differently?

31:04 Vlad tells the real story of Jason investing & signs off

33:51 Vlad's returns to answer more questions on users that lost everything, future of payment for order flow & more

41:36 Debriefing Vlad's performance

Transcript

Click on a timestamp to play from that location

0:00.0

Now wait, Vlad, you have to turn your camera off and then I'm gonna do my little bit where the bestie-guestie door not so no Jason

0:06.8

No, let's like you silly. This is silly. Here we go. I can do it. It's very easy for me. Don't worry about it

0:12.8

Don't worry about this guy's don't want to do it. They don't like my they don't like my bets

0:16.7

Three two

0:18.7

You're what your winners hide rain man David side

0:37.8

Hey everybody. Hey everybody welcome to another episode of the all-in podcast with us again the queen of Ken

0:45.2

Why himself David Friedberg the rain man

0:50.3

Definitely counting cards. Yeah, burn baby David sacks is with us. Chimouth polyhoppa Tia

0:58.2

The dictated by the way and by the way

1:01.3

Go ahead Jacob. I'm Jake out

1:04.5

Okay, baby see up. Jacob. Could you take longer with the intros?

1:08.0

I mean this is like this is like you're one moment to shine the intro

1:11.7

torture I know I do I'm branding here. I'm branding you guys as characters on the show. I do want to I do want to give a big shout out and

1:19.6

Congratulations for David Friedberg wedding is beak in a big way

1:24.0

Oh the story and by the way we should actually have

1:28.6

founder

1:30.0

Crazy founder stories and we should have Friedberg tell the story of Metro mile, but it closed its

1:34.6

Spac transaction and went public and it's doing great and congratulations. Thank you. Thanks guys. Well golf clap

1:41.2

I'll give it a little more of

1:43.2

Thank you. Thank you very nice and joining us this week as our second bestie guestie after a

1:50.0

Triumphant performance by Dremon green

1:53.5

On the last all-in podcast is Vlad Teniv who is the co-founder and

...

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