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The Journal.

How Robinhood’s CEO Became a Cult Hero

The Journal.

The Wall Street Journal

News, Daily News, Business News

4.25.8K Ratings

🗓️ 16 December 2025

⏱️ 20 minutes

🧾️ Download transcript

Summary

Risky investing strategies are on the rise, and Robinhood’s CEO Vlad Tenev is leading the charge. He’s built the company’s trading app not just to buy and sell ordinary stocks, but to make it easier to invest in more exotic financial products. WSJ’s Hannah Erin Lang profiles Tenev and explores the extraordinary success his company has had over the past year. Ryan Knutson hosts. Further Listening: - Free Trading Isn't Free: How Robinhood Makes Money - ‘To The Moon’ From the Journal Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

A few months ago, our colleague Hannah Aaron Lang went to Las Vegas to attend a flashy conference.

0:12.7

The made event of the weekend happened at this place called the Gromprey Plaza, it's this tourist attraction and venue for Formula One racing.

0:19.6

So there was a kind of race car theme to the whole event.

0:23.6

The conference was packed.

0:25.6

Everyone is really excited to be there.

0:27.6

Lots of them have traveled from over the country.

0:30.6

And the whole room is kind of buzzing.

0:33.6

Then the lights go dark and these sort of green lights start flashing,

0:38.3

and the bass starts thrumming.

0:41.3

The person everyone was so pumped to see was Vlad Tenive,

0:46.3

the CEO of the investing app Robin Hood.

0:49.3

And Vlad strolls onto the stage and beams at the crowd.

0:57.0

Wow.

1:03.0

He's wearing this race car driver's jumpsuit with the Robin Hood logo on the back, and these green and black customized Nike sneakers that I later find out have Vlad

1:10.0

sort of etched across the tongue.

1:12.6

We've had a good year, haven't we?

1:15.9

You guys look good, everyone's dressed nice.

1:19.0

Welcome to the Grand Prix Plaza in beautiful Las Vegas.

1:22.2

So what was the message that Vlad Tenev was there to deliver?

1:26.9

He basically says, I've often compared trading to playing the violin

1:31.0

because you have to practice and you have to put in the reps

1:33.6

and sort of learn the markets that way.

...

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