Robinhood users lash out on Twitter as outage keeps them on sidelines of market rally

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Hundreds of angry Robinhood users took to Twitter and Reddit to blast the start-up after a technical outage kept users from trading Monday.

and Reddit to blast the start-up. Some said they would leave the platform, while others threatened a class-action lawsuit.

On the fifteenth page of the agreement, Robinhood outlines that it will not be responsible for "temporary interruptions in service due to maintenance, Website or App changes, or failures" and isn't liable for extended interruptions due to failures "beyond" the company's control. That includes computer viruses, "forces of nature," labor disputes and "armed conflicts.

While there have been plenty of glitches over the years, Angel said he hasn't seen anything this severe since trading entered the electronic era. The "real damage" to Robinhood is to their reputation and potential regulatory push back, he said. Ryan Gilbert, general partner at Propel Ventures, said this is an example of start-up "growing pains." But the start-up script may not work as the company grows in scale.

 

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Today people are gonna sell

No robinhood is down again!!

Happening again today

Lies lies lies

thedave2006 Wtf is Robinhood? 🧐

Today they buy.

RIP Robin Hood , here comes the churn

RIP all the 3/2 weekly option holders.

Does anyone over 12 years old actually use Robinhood?

I was irritated I wasn’t able to improve my personal portfolio with more Berkshire Hathaway but I was still able to dump over $1,200 into the company as a 17 y/o to add to my already established position!

Bunch of spoiled know it alls throwing temper tantrum

Eggs in one basket 😱

Robinus

I made a complaint with FINRA. Let’s see what happens.

I still like the app, it sucked butt not being able to use it today but that is life. Back at it tomorrow

It’s called thinkorswim

My bro lost $250 lol told me about six times 😒

Not a good name for a financial app.

Free service. Imagine the free service from Bernie.

Not even sidelines. Some users were in the gutter, especially if they had positioned themselves as short on S&P 500 for today...

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