Robinhood hires Goldman Sachs to lead IPO, $20B valuation: report - Business Insider

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Robinhood has reportedly hired Goldman Sachs to lead an IPO that could value the stock-trading app at more than $20 billion

after seeing an extremely large negative portfolio value that was not reflective of his actual balance.recent studyThe company has also faced scrutiny from federal regulators.

In 2019, Robinhood launched checking and savings products, hawking them as fully insured accounts with sky-high interest rates. However, that wasn't completely true, andMore recently, Robinhood was targeted by the Securities and Exchange Commission and the Financial Industry Regulatory Authority in an investigation for its

 

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I’m sure the people who invested early on are very happy. investvoyager, an amazing opportunity for those paying attention IMO. Susquehanna, Streamlined Ventures and the Najarian’s are in. 🇺🇸OTC: VYGVF 🇨🇦CSE: VYGR 🇩🇪 Frankfurt: UCD2 🌎 Crypto: $VGX

All CEOs look around 18 years old these days, maybe im just getting old..

Robinhood is expected to IPO at some point in 2021 depending on market conditions at a whopping $20 billion. bcstt

good

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