Vlad Tenev - Navigating Robinhood's Evolution - [Invest Like the Best, EP.384]

Invest Like the Best with Patrick O'Shaughnessy

My guest today is Vlad Tenev. Vlad is the CEO and co-founder of Robinhood. It was such a treat to sit down with him and discuss the behind-the-scenes of a revolutionary business we all know well. He details Robinhood’s journey to zero-cost trading and what it means to build a consumer-centric financial product. Vlad believes in finding the harmonies across mathematics and art and applies this lens to everything he builds. We discuss Robinhood’s new credit card and more products on the horizon, the company’s toughest moments, including the Gamestop episode, and the compelling future of AI in financial services. Please enjoy this conversation with Vlad Tenev.

For the full show notes, transcript, and links to mentioned content, check out the episode page here.

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Invest Like the Best is a property of Colossus, LLC. For more episodes of Invest Like the Best, visit joincolossus.com/episodes.

Past guests include Tobi Lutke, Kevin Systrom, Mike Krieger, John Collison, Kat Cole, Marc Andreessen, Matthew Ball, Bill Gurley, Anu Hariharan, Ben Thompson, and many more.

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Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com).

Show Notes:

(00:00:00) Welcome to Invest Like the Best

(00:03:56) The Next Frontier in AI: Reasoning and Logical Deductions

(00:06:19) Challenges and Approaches in AI Development

(00:09:08) Formal Mathematics and AI Integration

(00:11:23) Practical Applications of Mathematical Superintelligence

(00:17:30) Robinhood's Journey to Zero-Cost Trading

(00:24:38) Building a Consumer-Friendly Trading Platform

(00:28:52) Robinhood Gold and the Future of Financial Services

(00:35:51) Understanding Robinhood's Business Model

(00:42:34) Navigating the GameStop Crisis

(00:49:17) Improving Customer Satisfaction

(00:52:43) Reputation Repair

(00:54:52) The Future of Financial Services

(00:59:06) Crypto and AI in Finance

(01:08:09) Building a High-Performance Culture

(01:11:42) The Kindest Thing Anyone Has Ever Done for Vlad