Robinhood’s Startup Idea Was Rejected 75 Times; Now, Robinhood Stock Market Is Worth More Than $8 Billion

Obtaining capital for your startup can be difficult. It would be even more difficult if your startup’s product does not yet exist. Add to that a lack of regulatory approval, and you have the situation that Robinhood faced a few years ago.

This was a different startup idea that no one believed in and seventy-five ventures rejected it. Robinhood has currently developed its business model and is ranked among the unicorn startups.

Baiju Bhatt and Vlad Tenev, the creators of the well-known stock trading app Robinhood, are now each worth $2.9 billion and $2.1 billion, respectively. This is despite the somewhat disappointing to some investors IPO of Robinhood.

Let’s take a look at their career in charge of the business that consistently rocks Wall Street.

THE EARLY LIFE OF THE ROBINHOOD FOUNDERS

– Vladimir (Vlad) Tenev was born in the Bulgarian coastal town of Varna and moved to the United States with his parents when he was five years old. He was raised in Fairfax, Virginia, by parents who both worked for the World Bank in Washington, DC.

He attended Thomas Jefferson High School for Science and Technology before being…