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LinkedIn
2 February 2021

While including some profanity, this is one of the better overviews I’ve read about what caused the GameStop short squeeze, the role Robinhood played in it, and how Robinhood’s decision to protect themselves at the expense of their ‘customers’ may have kicked off a slow death-spiral.

Also a great explanation of Robinhood’s revenue model (and a reinforcement of the truism that if you aren’t paying, you are the product),

#gamestop #robinhood #businessmodel #incentive #shorts #margintrading #optionstrading

Originally published on LinkedIn.