Robinhood is a commission-free stock trading platform popular with younger investors. It makes money through payment for order flow and interest on idle cash in customer accounts. Founded in 2015 by Baiju Bhatt and Vlad Tenev, Robinhood has grown rapidly and now offers cryptocurrency trading and cash management accounts in addition to stock trading. While Robinhood has disrupted the industry by eliminating trading fees, critics argue it has conflicts of interest due to its payment for order flow model and lacks robust customer support compared to competitors like Charles Schwab, E-Trade, and Fidelity.

1. By Charles Yan

2. product / problem
● Zero-commission trading
● Mobile / Web
● Financial Services

3. Persona - Max
● Software Engineer
● Saved up cash
● Never invested before

4. Growth in Revenue

5. Growth in Users

6. How does Robinhood make money?
● Payment for order flow
● Account interest
● Robinhood Gold

7. History - Leadership
Baiju Bhatt Vlad Tenev

8. History - Funding

9. History - Timeline
2018
Introduces
cryptocurrency trading
2019
Introduces Cash
Management service
2015
Official Launch
2016
Instant Deposits

10. Secret Sauce
● Easy to use mobile app and website
● Appealing design
● Younger user generation

11. What’s Hot?
● Zero commission trading and account minimum
● Robinhood Gold
● Free Options trading

12. Competitors
Robinhood Charles Schwab E-Trade Fidelity
Zero-commision
(stocks)
Zero-commission
(options)
Cryptocurrency
Mobile App
Customer Support

13. My prediction
● Needs to continue to disrupt
● Conflict of interest
● Succeed

14. Questions

15. References
https://www.cnbc.com/2020/08/21/robinhood-is-having-a-moment
-users-should-be-careful.html
https://www.investopedia.com/articles/active-trading/020515/
how-robinhood-makes-money.asp#citation-8
https://www.cnbc.com/2019/10/02/the-end-of-commissions-for-s
tock-trading-is-near-as-td-ameritrade-cuts-to-zero-matching-
schwab.html
https://tokenist.com/robinhood-reports-180-million-in-q2-202
0-revenue-doubling-q1/

16. References
https://www.cnbc.com/2020/06/17/robinhood-drives-retail-trad
ing-renaissance-during-markets-wild-ride.html#:~:text=Robinh
ood%2C%20mostly%20used%20by%20millennials,old%2C%20according
%20to%20the%20company.
https://www.businessofapps.com/data/robinhood-statistics/
https://www.cnbc.com/2020/08/13/how-robinhood-makes-money-on
-customer-trades-despite-making-it-free.html
https://media.thinknum.com/articles/robinhood-stock-trading-
apps-leadership-executives-data/

17. references
https://www.nerdwallet.com/reviews/investing/brokers/schwab-
brokerage
https://cointelegraph.com/news/financial-giant-morgan-stanle
y-acquires-etrade-in-13b-deal
https://craft.co/robinhood/funding-rounds
https://www.investors.com/news/robinhood-adds-free-options-t
rades-to-free-stock-trading-platform/
https://www.fidelity.com/why-fidelity/pricing-fees

18. References
https://money.usnews.com/investing/investing-101/articles/ho
w-robinhood-changed-an-industry
https://us.etrade.com/what-we-offer/pricing-and-rates
https://www.coindesk.com/what-a-schwab-td-ameritrade-merger-
would-mean-for-crypto