Robinhood to IPO via Goldman Sachs

Will Robinhood ever IPO or direct list ?

  • never

    Votes: 5 38.5%

  • in a year

    Votes: 7 53.8%

  • in 2 years

    Votes: 1 7.7%

  • in 5 years

    Votes: 0 0.0%
  • Total voters
    13
Z

zdreg

https://www.thestreet.com/investing/robinhood-initial-public-offering-ipo-2021-goldman-sachs
Robinhood Markets has selected Goldman Sachs to take the lead on preparing the stock-trading app for an initial public offering as soon as next year, an effort that could value the company at more than $20 billion.

Citing people familiar with the matter, Reuters reported the IPO would come in 2021, cautioning that the exact timing and valuation will be subject to market conditions.

Robinhood was valued at $11.7 billion in its last private fundraising round in September.

Will it ever happen?
 
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zdreg said:
https://www.thestreet.com/investing/robinhood-initial-public-offering-ipo-2021-goldman-sachs
Robinhood Markets has selected Goldman Sachs to take the lead on preparing the stock-trading app for an initial public offering as soon as next year, an effort that could value the company at more than $20 billion.

Citing people familiar with the matter, Reuters reported the IPO would come in 2021, cautioning that the exact timing and valuation will be subject to market conditions.

Robinhood was valued at $11.7 billion in its last private fundraising round in September.

Will it ever happen?
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Maybe under a new name, new management and new capital but not as RHM.
 
ZBZB said:
They better be quick as their customers are moving to Fidelity en mass.
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One would think that Fidelity would close the gates, because they know what a flash mob can do to a broker and their capital requirements.

I would love to see these flash mob traders even dare to attempt this in futures. Holy cow would they get a lesson in risk management and margin requirements.
 
zdreg said:
Reuters reported the IPO would come in 2021, cautioning that the exact timing and valuation will be subject to market conditions.
More...
This boiler plate caveat/warning is always included . Who would have predicted that market conditions for this co, would deteriorate so quickly?
 
Few years ago :
,,Were here to shake the industry & to serve the people"

Few days ago :
,,Sorry bro. No more than 1 share"

And in between those 2 points, a gazilion of stupid mistakes.

Sarcasm/Irony :
A perfect case study of how to build a loyal client base, folk who would love the brand & would be proud to say :

,,I am using Robin Hood :)"

CompetentParallelColt-max-1mb.gif
 
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