Venture-funded by Google, Andreeseen Horowitz "and many others," Robinhood can provide a full brokerage experience without charging the standard $10/trade commission thanks to being fully automated.
Robinhood started with the idea that a technology-driven brokerage could operate with significantly less overhead.
We cut out the fat that makes other brokerages costly hundreds of storefront locations and manual account management.
That means we dont need to charge trade commissions and hidden fees.
|Iceland Wants to Switch to the Canadian Dollar|
|Final: 21st Century Credit Card With Disposable Numbers|
|Canada Ditches the Penny|
|The Rise and Fall of Civilisations|
|Fake Name Generator|
|Japanese Robot Serves Ice Cream From Inside a Vending Machine|
|“In comparison to the waste produced by every other kind of electricity production, that quantity is close to zero.”|
|CaptchaTweet: Write Tweets in Captcha Form|
|What Computers See When They Watch a Movie|
|“Collect drinkable water from desert air each day/night cycle.”|
|Facebook, Twitter Users Could Face Insurance Hikes|
|The (Very Scary) People of Public Transit|
|“If I’m upset with Facebook, what’s the equivalent product I can go sign up for?”|
|“Research that could engineer dinosaurs back into existence within the next five to 10 years.”|