Public Notes by chase_ats Tagged #robinhood
Notes publicly shared by our members.
“And it’s that tantalizing prospect of creating a next generation way of trading assets and cryptocurrency that is now sending Robinhood to a $5.6 billion valuation in a new financing round that the company is announcing today. Robinhood says it’s closed a $363 million Series D financing round; DST Global led this new round and Iconiq, Kleiner Perkins, Sequoia and Capital G participated. Robinhood had a $1.3 billion valuation last year when it had around 2 million users, and the company says it now has 4 million users and has passed $150 billion in transaction volume.” I keep forgetting. Is that valuation pre or post investment. Either way. Around 7/7.5% of the company. #unicorns #fintech #robinhood #stocks #news #stock_market #funding #trading #pub