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Thoughts on Robinhood going public?

Fellow savages,


Happy Monday. Like most Mondays I went through the typical pendulum of emotions this morning from I'm going to crush so many cold calls to what's the point back to let's develop some business today. Anyways, I was reading through Robinhood snacks (As much crap as they get I find their weekly newsletter great) and after some clicking around I saw they were getting ready to go public under the ticker HOOD. Curious if anyone is thinking about investing or has any good reasons why they aren't investing. I'm tempted to buy 1 or 2 shares since it's listing at around 40 according to Robinhood's early access IPO tool.


Disclaimer I still use Robinhood despite the whole meme stock fiasco but I've had mixed feelings about the company ever since they halted the buying of certain securities. I thought about leaving more than once, but two things kept me. The great User-interface and the fact 10% of my paycheck is direct deposited into the app. (Didn't want to have to go through the process of transferring all my funds to WeBull, Fidelity, some other platform, apply for a debit card, and then set up the routing and bank account # again in my companies ADP.)

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15
Feds_Watchin
Politicker
+6
Account Executive
That platform just makes me feel queasy. Not comfortable having my money with them imho.
Gyro25
Politicker
+6
BDR - Enterprise and Partnerships
I pulled out and sold my stocks and invested in a few NFT's on another platfom, don't feel secure on robinhood at all. Did I make some money? Yes, but the whole reddit/squeeze fiasco just has me wary about having my money with them.ย 
CuriousFox
WR Officer
+11
Needer of Life Alert
I transferred to Fidelity, but did leave a small amount in RH for the easy quick glance at tickers.

I am with you as far as being on the fence. I didn't like how they handled the fiasco, and the CEO is super unlikeable. I'll probably sit on the sidelines and watch.
Chep
WR Officer
+10
Business Development Team Lead
Yea Iโ€™ve watched a good bit of their content to try and get a better opinion and the RH team seems fine but spot on Vlad is very unlikeable.
JC10X
Politicker
+8
Senior Sales Manager
F Robinhood - they are an oxymoron.ย 
CPfor3
Opinionated
+3
Business Development Representative
Although I do love the ease of use, I do feel it's a beginners platform when you jump in not really knowing what you're doing. I still have my money in there because I don't want to pull out of some of my stocks and where I got in at. I have been eyeing WeBull once I do sell off to start fresh over there.ย ย 
Chep
WR Officer
+10
Business Development Team Lead
Would probably go to WeBull as well if I jumped ship
HappyGilmore
Politicker
+7
Account Executive
I'll likely avoid this IPO, however I am curious to see how it performs over the next 6-12 months and see if they continue to grow or if they drop slightly.
DrunkenArt
Politicker
+6
Sales Associate
I hope they crash and burn. I was with RH when I first started investing a few years ago and while I miss the ease of use, I just don't feel comfortable giving them any of my money
Corpslovechild
Opinionated
+4
Inbound Sales Manager
I took my money out of Robinhood once they fucked around with doge.ย 
duckduckgos
Opinionated
+5
Business Development
I'd avoid it personally. It will be extremely volatile upon release at is will most likely be a target by WallStreetbets traders wanting to get back at Vlad for the whole GME & AMC short squeeze fiasco. Also in the fine print of Robinhood's IPO tool is that if you sell the security within 30 days you could possibly be banned from using the tool with other IPO's down the line so if you decided to participate you will be locked in for a month.ย 
RaymundoFlex
Opinionated
+2
AE
dont get me started on Robinhood - is this a paid add? people still have their money with them? fuck robinhood, its a shill for the machine and its been exposed.

but ya you'll get rich with 1 or 2 shares.
Chep
WR Officer
+10
Business Development Team Lead
I wish this was a paid add lmao
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