Photo by 傅甬 华 on Unsplash

Robinhood Is Done

Great piece by Steve LeVine on the Robinhood fiasco. They’ve been cutting corners and screwing their users for years. Yet they always got away with it by pretending to be an anti-establishment and plucky start up ($0 commissions and an addictive UX helped too).

But the mousetrap slammed firmly shut on their finger this time. They prioritized short-term revenues (Citadel and other hedge funds) over their lifeblood, the people that…