sjc33
Joined 6 years ago
Joined 6 years ago
I don't actively use RH as my main brokerage so not a big deal to me, but obviously this is unacceptable. Don't recall any other online brokerage suffering an outage like this.
Suffice to say this throws cold water on any mystic around Robinhood having better tech that any incumbent.
Day trading on your smartphone was not really a "thing" pre-Robinhood, and then they came along with commission free trades on both stocks and options.
So not only did they make it easier to day trade given no explicit fees for doing so, they also mainstreamed options trading, which is actually what most people in WSB do almost exclusively, and really the only way you can 10x-100x your money in a few months (or in less time).
If the interview process is largely memorizing 200 or so commonly asked algorithm questions and that is the gateway to a $200k+ job then it's a good thing for applicants, not "dystopian" at all.
Again, it would be much, much more painful and time consuming for the interviewee if they were asked to code up some fullstack project for every interview. That is far more time consuming, and in my opinion more "dystopian" to expect those interviewing to do dozens of hours of work specific to one interview for free.
It would be way more time intensive for the interviewee to be asked to code up some fullstack project for every interview.
Having to memorize some basic algorithm questions that are maybe 20 lines of code each is way better.
Most jobs are not like that, and then you get extreme variance in expectation with little communication on how to prepare, which is a waste of time for both the interviewer and interviewee if the interviewee has no clue what will be asked or expected ahead of time.