Equity is brought to you by Extra Crunch, that Prodigious Tech Ranch Paywell you keep running into.

You can break through that Paywell at a steep discount if you use the promo code Equity.

If you do, you'll get access to our best stuff and you'll make Equity look really good internally at the same time.

Enough of that, let's start the show. Hello and welcome back to Equity guys this is an Equity shot it's an emergency

it's an emergency because Robin Hood finally filed to go public and as you'll hear tomorrow

morning we just sent Natasha off on to vacation so it is just Mr. Crichton and myself but my gosh

Danny I'm so excited this This is like dork Christmas.

It's door Christmas except we're not getting free shares. No no free gifts for us

But I think we've been waiting what two years for this three years for this so long

I feel like the entire time I've been waiting for Robin Hood to go public.

Well, I mean, yeah, and then what's weird is normally here I would kind of critique them and

mock them for going public so late, but given what the company kind of has gone through in the last 15, 18 months, like growth terms, like regulatory issues, it's been so crazy. It kind of makes sense that they're going public on the other side of it.

Anyways, Danny, let's kick off with some very high-level numbers.

From the top of the S1, can you spin us through some of the big ones?

Well, Robin Hood is really trying to project an image of, you know, widespread engagement and

a lot, a lot of money.

So their key numbers as they define them is net cumulative funded accounts, which they claim is

18 million.

Monthly active users, 17.7 million are obviously trying to show that

everyone who has an account essentially is active.

They announced today that they had 81 billion dollars of capital under custody that is

not necessarily traded but they have within their

...