Robinhood REVEALS Their Sneaky Business Model... (Robinhood IPO Filing)
The brokerage free trading app Robinhood has recently released it's IPO registration form with the SEC, and in the document they showed investors exactly how their business model works, including their 'payment for order flow' business. Today we dive into how this works and whether I'm watching the Robinhood IPO.
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DISCLAIMER:
Neither New Money or Brandon van der Kolk are financial advisers. The information provided in this video is for general information only and should not be taken as professional advice. There are risks involved with stock market investing and consumers should not act upon the content or information found here without first seeking advice from an accountant, financial planner, lawyer or other professional. Consumers should always research companies individually and define a strategy before making decisions. Brandon van der Kolk and New Money are not liable for any loss incurred, arising from the use of, or reliance on, the information provided by this video.
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