Robinhood CEO shares how he's better-positioned than big banks — and where he struggles
1. Robinhood plans to offer banking services by fall for premium members. 2. CEO Tenev emphasizes speed over scale compared to big banks. 3. Robinhood has $304 billion platform assets, small vs JPMorgan's $4.6 trillion. 4. More features lead to increased customer funds in Robinhood's platform. 5. Stock increased by 189% year-to-date, indicating strong market interest.