Regardless of how you feel about their marketing practices, it is clear that investors are investing in the customer base.
As Robinhood continues to grow, they can/will offer more and more products (mortgages, bonds, DAFs, etc), eventually becoming a one-stop shop for millennials/zoomers/whatever.
For example, currently if you want to invest in a crowdsourced real estate fund, you need to use something like Cadre/Crowdstreet. If RH can eventually support all these possible investment avenues, they will have a lot of room to grow in the retail space.
Given their current laissez-faire approach to investor education/responsibleness, the question will become whether this level of investing ease is good or bad.
As Robinhood continues to grow, they can/will offer more and more products (mortgages, bonds, DAFs, etc), eventually becoming a one-stop shop for millennials/zoomers/whatever.
For example, currently if you want to invest in a crowdsourced real estate fund, you need to use something like Cadre/Crowdstreet. If RH can eventually support all these possible investment avenues, they will have a lot of room to grow in the retail space.
Given their current laissez-faire approach to investor education/responsibleness, the question will become whether this level of investing ease is good or bad.