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.
|Canada Switches to Plastic Banknotes|
|"The rich are going to continue to gobble up a greater share of income, and our current system will do nothing to reverse that trend."|
|"100 of its members occupied the Opera Apple Store in Paris, demanding the company pay its taxes."|
|The End of the Discounted Wireless Provider in Canada|
|Where Has All the Money in the World Gone?|
|How to Avoid Jury Duty|
|The Pirate Supply Store|
|“A dystopian vision of the future is already happening in China.”|
|“When Life Gives You Lemons.”|
|“The world’s first hydrogen-powered train.”|
|Japanese Robot Serves Ice Cream From Inside a Vending Machine|
|Flying into Pape station. #ttc|
|“Rejuvenation is Finally an Industry.”|
|“The first-ever driverless mass transit test program.”|
|“Google isn’t liable because it is nothing and nowhere and endless.”|
|Why, Typewriters Are Alive and Well, Thank you|
|The (Very Scary) People of Public Transit|