(This article was originally published in English. Translations are available in Spanish and Portuguese) I’m not sure who needs to hear this but here goes – now is the time to be ambitious when others are fearful. Just keep building things your customers want. I’ve spent the last few years as a venture capitalist, and…
Category: Fintech
Public.com: One simple UX choice. A massive behavioral finance opportunity.
Public recently announced a massive new funding, and along with it, a commitment to drop payment for order flow. This is a bold decision and sets Public apart from Robinhood and most other brokers, who generate significant revenue from payment for order flow. Instead, Public will rely on tips from its customers to generate some of its revenue….
Robinhood: Elon Musk, bad incentives, and the solve (and ok, let’s throw in blockchain)
Ok, Elon Musk was right Robinhood has always had to thread the needle between a populous mission to upend the establishment ($0 trades for everyone!) and running a real business (enough revenue and growth to successfully take the company public). So what’s the answer? Unfortunately, it’s what Elon Musk was alluding to on Sunday night…