What a betrayal of their customers. Really going mask-off with what it means for a startup to "democratize" an industry: allowing the little guy to chip in, but never actually compete with the big boys.
Yes and no. At no point did Apple sell me on the idea that I'd have an open computer in my pocket. In fact, they aggressively sell me on the opposite, and make it clear that they act as gate-keepers to what apps can and can't be in my pocket. Totally legitimate to take issue with that, but I think there's a marked difference between doing that and Robinhood arbitrarily preventing folks from doing these trades.
Sure with broad strokes, it generally sucks when a tech company makes unilateral decisions for its customers, whether that's restricting which stocks you can buy or whether you can put unauthorized apps on your iPhone.
But I find it particularly egregious because the major principle of RH was that it was on the side of the everyman rather than institutions.
SirSavary|5 years ago
ChicagoBoy11|5 years ago
jackfrodo|5 years ago
But I find it particularly egregious because the major principle of RH was that it was on the side of the everyman rather than institutions.
yottalove|5 years ago