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Ask HN: What will happen if Robinhood tries to go public now?
Something tells me the internet won't treat them favorably.
- hong_kong 6y agoWhen it comes to demand for the shares: doesn't matter. IPO price discovery is done by institutional investors, not retail. Impact on the fundamentals is a bigger risk to them, as RH's target market is retail/individuals. People have short memories though, and they aren't the only ones restricting their users from trading (despite getting the most flak for it).
- drstewart 6y agoThe internet will forget about this all by next week
- randomopining 6y agoI mean the truth was that it was a liquidity event. Now they have liquidity, people will trade, etc. It will come out that it was that. They prob won't lose the retailers. I personally pulled out though when I heard the news, just in case. Freaking Bitcoin shot up after I pulled though... smh.