Money
Robinhood’s Tenev alleges rivals tout private-share deals without company consent
The Iced Coffee Hour
Robinhood CEO's Shocking Prediction On Stocks, The AI Bubble, & Gambling Controversy | Vlad Tenev
What was said
"Some of our competitors will go in and do the second layer SPVLP interest and, you know, then announce it and then you've seen the company come in and say, "Actually, we don't know anything about this." Uh, not ideal."
Vlad Tenev alleges some rivals structure private-market exposure through secondary SPV interests and then publicise it, only for the underlying company to deny involvement. He says Robinhood generally will not include a private firm in its Ventures baskets without that firm’s blessing.
Verification status
Attributed speaker claim
Egleze verified who said this and where. The underlying claim has not been independently established by Egleze.
Source and context
Egleze verified who said this and where. The underlying claim has not been independently established by Egleze.
- Programme
- The Iced Coffee Hour
- Episode
- Robinhood CEO's Shocking Prediction On Stocks, The AI Bubble, & Gambling Controversy | Vlad Tenev
- Clip time
- 45:59
- Original source
- Watch the source segment →
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The Iced Coffee Hour