Robinhood Adds 3 Directors, Boosting Board Ahead of IPO

Barron's2021-06-02

Robinhood, on the cusp of going public, is now adding board members who can make the case that the upstart broker is ready to take a central place in the investment universe. The zero-commission ...

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精彩评论

KryZ
2021-06-02
KryZ
Will be interesting to see how Apes respond to RH's IPO! Short the hell out of it??
Felicialim
2021-06-02
Felicialim
Good article
yong9900
2021-06-02
yong9900
Lol
RichTea
2021-06-02
RichTea
RH the Cockroach, filthy yet resilient to many things. Lol
- benlye:
  i love football
BBBBBBBBBB
2021-06-02
BBBBBBBBBB
Like and comment pls
- A2Hong:
  Ok
Soksok
2021-06-02
Soksok
Good

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Jon Rubinstein, a senior advisor at asset management firm PDT Partners who is a former Apple executive and the lead independent director atAmazon.com(ticker: AMZN), adds mainstream tech experience. Paula Loop, a partner at PwC, has experience in governance, accounting, and Securities and Exchange Commission compliance. And Robert Zoellick, a fellow at Harvard University, is a former president of the World Bank and U.S. Trade Representative. That brings Robinhood’s board to seven members, two of whom are co-founders Vlad Tenev and Baiju Bhatt. The company declined to make any directors available for interviews.\nAfter disrupting the traditional brokerage industry, Robinhood is expected to go public as soon as this month. Itconfidentially filed paperswith the SEC in March. Some analysts think the company could fetch a valuation of $40 billion. Adding directors with strong reputations will likely help Robinhood’s case, although those directors are now tying their reputations to a company that has attracted considerable negative attention as well.\nRobinhood has walked a fine line over the past year, portraying itself to customers as a threat to the establishment. The founders have said they were inspired by the Occupy Wall Street movement to fight the power of big banks and brokers. At the same time, the company has sold itself to regulators as a responsible operator ready to take an even bigger role in the country’s financial infrastructure.\nSince the start of the pandemic, Robinhood has had to answer for a variety of irregularities, includingtrading outages last March, anda ban on purchases of certain stocksat the height of theGameStop(GME) frenzy in January. Massachusetts’ top securities regulator hassued the companyon allegations that it encourages risky trading for its own profit, a charge the company denies. Robinhood’s challenge will be to maintain its rebellious reputation, while also convincing regulators and customers that it is a responsible steward of their money.\nThe next few weeks will determine how well it can make its pitch on Wall Street.","kind":null,"is_publish_news":false,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":113274780,"gmtCreate":1622623269140,"gmtModify":1634099840575,"author":{"id":"3574671514316116","authorId":"3574671514316116","name":"KryZ","avatar":"https://static.tigerbbs.com/91c62b44c75f8a4a9e0b7566bd02134d","vip":1,"crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"3574671514316116","idStr":"3574671514316116"},"htmlText":"Will be interesting to see how Apes respond to RH's IPO! Short the hell out of it??&nbsp;","listText":"Will be interesting to see how Apes respond to RH's IPO! Short the hell out of it??&nbsp;","text":"Will be interesting to see how Apes respond to RH's IPO! Short the hell out of it??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/113274780","repostId":1188302386,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":113681734,"gmtCreate":1622610554628,"gmtModify":1634099943387,"author":{"id":"3576273819527804","authorId":"3576273819527804","name":"Felicialim","avatar":"https://static.tigerbbs.com/93b9dd65b95fb4d9322224d3c233d6f4","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3576273819527804","idStr":"3576273819527804"},"htmlText":"Good article","listText":"Good article","text":"Good article","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/113681734","repostId":1188302386,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":113879958,"gmtCreate":1622606536974,"gmtModify":1631892121456,"author":{"id":"3581563798792598","authorId":"3581563798792598","name":"yong9900","avatar":"https://static.tigerbbs.com/6bfaed196ec3900a42d2273573aefc17","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3581563798792598","idStr":"3581563798792598"},"htmlText":"Lol","listText":"Lol","text":"Lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/113879958","repostId":1188302386,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":113835912,"gmtCreate":1622602170336,"gmtModify":1634100025319,"author":{"id":"3580611966360609","authorId":"3580611966360609","name":"RichTea","avatar":"https://static.tigerbbs.com/17f24d7c1ce49657326aac3bf4f42040","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3580611966360609","idStr":"3580611966360609"},"htmlText":"RH the Cockroach, filthy yet resilient&nbsp;to many things. Lol","listText":"RH the Cockroach, filthy yet resilient&nbsp;to many things. Lol","text":"RH the Cockroach, filthy yet resilient to many things. Lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/113835912","repostId":1188302386,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4540287,"gmtCreate":1622602347856,"gmtModify":1635391718988,"authorId":3567752858658977,"author":{"id":3567752858658977,"idStr":"3567752858658977","authorId":3567752858658977,"name":"benlye","avatar":"https://static.tigerbbs.com/cdeeb14b6e0a3873563f8b6c5c96dd80","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":113835912,"type":1,"supId":0,"prevId":0,"content":"i love <u>football</u>","text":"i love <u>football</u>","html":"i love <u>football</u>"}],"langContent":"EN"},{"id":113832420,"gmtCreate":1622602111460,"gmtModify":1634100025660,"author":{"id":"3581562365927542","authorId":"3581562365927542","name":"BBBBBBBBBB","avatar":"https://static.tigerbbs.com/973395458d7e1db24dbd4a689c79e8a2","vip":1,"crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"3581562365927542","idStr":"3581562365927542"},"htmlText":"Like and comment pls&nbsp;","listText":"Like and comment pls&nbsp;","text":"Like and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/113832420","repostId":1188302386,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4540490,"gmtCreate":1622603339293,"gmtModify":1635391702490,"authorId":3575977247479835,"author":{"id":3575977247479835,"idStr":"3575977247479835","authorId":3575977247479835,"name":"A2Hong","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":113832420,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":113838524,"gmtCreate":1622602021168,"gmtModify":1634100026830,"author":{"id":"3579684763801587","authorId":"3579684763801587","name":"Soksok","avatar":"https://static.tigerbbs.com/03c4a8d2787d3c5042bccff3b0bb60f1","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3579684763801587","idStr":"3579684763801587"},"htmlText":"Good&nbsp;","listText":"Good&nbsp;","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/113838524","repostId":1188302386,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":103,"commentSize":15,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1188302386"}