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WSJ Your Money Briefing

Robinhood Aims to Expand But Still Make Investing Fun

WSJ Your Money Briefing

The Wall Street Journal

Business News, News

4.11.7K Ratings

🗓️ 16 December 2024

⏱️ 11 minutes

🧾️ Download transcript

Summary

After being a key player in the 2021 meme stock frenzy, Robinhood is now a public company. CEO and co-founder Vlad Tenev joined WSJ’s Take on the Week podcast to discuss the evolution of the company, what’s next, and the gamification of investing. Co-host and WSJ columnist Telis Demos joined host J.R. Whalen to break down the discussion. Sign up for the WSJ's free Markets A.M. newsletter.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:17.6

Here's your money briefing for Monday, December 16th. I'm J.R. Waylon for the Wall Street Journal.

0:22.6

Since its launch, online brokerage Robin Hood has been a disruptor, giving individual investors an entryway to buying stocks, ETFs, and crypto, in ways other companies didn't.

0:36.6

Co-founder and CEO Vlad Tenev is the featured guest on this week's episode of WSJ's Take On the Week.

0:44.3

Here's co-host Tell us Demos.

0:46.3

What first got our attention at the Wall Street Journal about Robin Hood was its accessibility and the audience that it was bringing in.

0:54.8

But it also drew a lot of criticism toward them

0:56.6

because it made it seem like have they made investing too fun and too accessible?

1:01.7

And have they gamified what should be a serious business?

1:04.8

And that's something that they've had to deal with.

1:06.2

And that's something that we also talked to with flat about.

1:08.2

We'll hear more from Tell us after the break.

1:25.2

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1:45.5

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1:50.9

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1:59.6

Robin Hood is aiming to broaden its core users beyond mostly younger investors.

2:04.5

Co-founder and CEO Vlad Tenev joined our sister podcast, WSJ's Take On the Week.

2:10.0

Co-hosts Tell Us, Demos, joins me.

...

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