robin hood private value change from zero commission + outages+ market downturn.

Discussion in 'Wall St. News' started by zdreg, Mar 2, 2020.

  1. zdreg

    zdreg

    What is their estimated private value? How much has their private value dropped in the last month?
     
    dealmaker and TommyR like this.
  2. ajacobson

    ajacobson

    From memory, it was about 7 and a half billion. Won't reprice unless they do an additional round, go public or resell a piece or sell out.
     
    dealmaker likes this.
  3. jys78

    jys78

    Rapidly dropping down toward zero. Especially if the database is corrupted and customer data is lost.
     
    murray t turtle likes this.
  4. zdreg

    zdreg

    One method would be to compare Robin Hood to the price action of publicly traded brokers. That would be a reality check.
     
    murray t turtle and tommcginnis like this.
  5. guru

    guru

    Even if they were public, their value could still be sky-high if they’re able to maintain a Tesla- or Apple- like cult following.
    Tesla went through many waves of problems.

    Btw, Robinhood recently started offering 1.8% interest on cash, FDIC insured (by shifting it to partner banks), which made couple people I know move their funds to Robinhood just to sit there.
     
    tommcginnis likes this.
  6. MKTrader

    MKTrader

    The price of "free" trading...
     
  7. %%
    That;
    + didn't they give a way a free stock also?? Hard to keep up with all the freebies now days.....................................................................................