B Minus.
That’s my letter grade for the Robinhood IPO.
You possibly can say no matter you need in regards to the lack of a pop. However ultimately, their workers and buyers are actually liquid to monetize a few of their shares at an extremely excessive valuation, their customers have been capable of take part within the deal – in dimension – and, pretty importantly, they managed to boost over $2 billion, which remains to be actual cash.
Michael, Ben and I mentioned this, plus the rampaging profitability of America’s largest shares, on this model new clip from The Compound and Associates. Thanks for watching, share it with all your pals 🙂
You possibly can try the entire podcast episode right here.
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