A biography for Baiju Bhatthasn’t been written yet.
“We fundamentally want to make people's lives simpler. So we will look for technology that works toward that end.”
“Financial products are the last thing in the world that should be confusing.”
“In a world where distrust of Wall Street has never been higher, we're holding ourselves to a different standard. We also know that if we don't stay really genuine to that, it's very easy for this to sound incredibly disingenuous.”
“When we first announced it, we had over a million people sign up to use Robinhood Crypto in the first couple of days.”
“I think all of these companies staying private for as long as they are is actually pretty bad.”
“I sleep about six and a half hours per night.”
“For many users, cryptocurrencies are going to be their first foray into investing, and we want to be there.”
“Brighter Than a Thousand Suns' by Robert Jungk and 'Surely You're Joking, Mr Feynman!' by Richard Feynman were both books my father purchased for me when I was in high school. Both left a lasting impression on me, because they chronicle the lives of some of the most creative scientists of the 21st century.”
“Everyone should be investing in our free market economy.”
“I have to be very diligent about making sure I'm taking care of my body and my mind, because if I'm not, the quality of my decision making goes down.”
“I'd like to believe people know how to educate themselves.”
“I like to have prolonged blocks of time where I don't have meetings scheduled.”
“One of the things we say a lot internally is that we take money really seriously.”
“As consumers adopt crypto, we hope that they'll also be interested in trading equities and options.”
“Robinhood exists so that everyone can share in the stock market's wealth creation.”
“Participation in the economy through stock ownership is a pretty important way of keeping the divide between the haves and have-nots from growing.”
“People have been like 'well you need millions of dollars to buy and sell stocks.' That sort of idea was thrown out of the window with online brokerages like E-trade and Fidelity, and today, we think that you don't even need thousands of dollars to trade stocks.”
“Most nights of the week I make it a point to get home in time to have dinner with my wife. It's a simple routine to maintain my work-life balance.”
“We had a bunch of models for user adoption of Robinhood Gold. The data team had some silly names for a range of adoption levels: 'Mediocre expectations,' 'middle-of-the-road expectations' and 'great expectations.' The numbers we ended up with were significantly higher than 'great expectations.'”
“We generate a ludicrous amount of trades in $1 to $5 stocks. Because we're free, we're the only place where you can day trade stuff like that.”