Justworks’ IPO delay indicates that the enthusiasm gap between private markets and their public analog is wide.
Meme Stock GameStop Now Accepts Meme Cryptos Like Doge
In a year which began with memes helping to propel GameStop’s junk stock price into the stratosphere, it’s only fitting that the shrinking video game retailer should cap the frivolities off by cozying up to cryptocurrencies. Last week, GameStop apparen…
GameStop Meme Stock Villain Buys Copy Of The Constitution For $43 Million
Here are some words I never thought I’d type: the hedge fund CEO that bailed out GameStop short sellers earlier this year just secretly outbid a hyped-up bunch of crypto lords for an ultra rare copy of the original U.S. Constitution. Earlier this year,…
Wall Street still doesn’t get crypto
Hello and welcome back to Equity, a podcast about the business of startups where we unpack the numbers and nuance behind the headlines! Friday afternoon the Equity team took to a Twitter Space to hit on a topic that we had to cut from our regular end-of-week show, namely crypto earnings and how Wall Street […]
Robinhood finally brings on-demand phone support to all of its users
Robinhood announced Tuesday that it will be bringing “24/7” phone support to its 31 million users. It’s a long overdue move for the stock and crypto trading company founded in 2013, but one that signals its maturation following a challenging year that brought the company its biggest crisis, a surge in trading volume and its […]
Robinhood muscles deeper into Coinbase’s territory with new crypto wallet feature
The fervor around Dogecoin delivered big revenues for stock-trading app Robinhood, and the company announced Wednesday that it’s wandering deeper down the crypto rabbit hole, sharing that it will soon begin testing crypto wallets for its users. The crypto wallets, which Robinhood says it will begin rolling out next month over time to users on […]
Robinhood is now a stonk
The wild swing in the price of Robinhood today appears from our vantage point to be another stonk moment.
Extra Crunch roundup: Square buys Afterpay, paid search basics, career advice for devs
Square paid around a quarter of its present-day value for Afterpay. That seems like a lot. But was it too much?
Robinhood’s CFO says it was ready to go public
Robinhood says it went public because it was ready. And our read of the markets is that it’s an appealing time for high-growth tech companies with a history of losses to do so. Yet it’s underwater.
Growth is not enough
The week brought together both this quarter’s earnings cycle and the Q3 IPO rush. So, it was just a little busy!