In this episode of Crucible Moments, Vladimir Tenev, co-founder of Robinhood, shares the company's evolution from a commission-free mobile trading app to its challenges during the meme stock frenzy and the market downturn that followed. Robinhood faced significant obstacles, including doubts about its commission-free approach, regulatory challenges, system overloads during the pandemic, and backlash over trading restrictions during the meme stock events. Yet, through it all, Robinhood remained resilient by concentrating on its active trader base, expanding its product lineup, and working to regain user trust, all while staying true to its mission of making finance accessible to everyone.
