Any thoughts on robinhood entering banking. I have a contrarian take that it might not be great for them. The cultures are not aligned. Maybe in this government of deregulation they are ok but a new regime may bring more oversight again and SoFi is well prepared to operate in that environment. Robinhood may not be.
I know it is just him saying it but 25% for two decades is insane. From what I can only google and amazon had a run like that. Not even Apple from 2001-2021 got to 25% revenue cagr.
Any thoughts on robinhood entering banking. I have a contrarian take that it might not be great for them. The cultures are not aligned. Maybe in this government of deregulation they are ok but a new regime may bring more oversight again and SoFi is well prepared to operate in that environment. Robinhood may not be.
I know it is just him saying it but 25% for two decades is insane. From what I can only google and amazon had a run like that. Not even Apple from 2001-2021 got to 25% revenue cagr.