How The Heck Did Robinhood Become So Popular? A Data Driven Analysis

Written by FrederikBussler | Published 2020/07/07
Tech Story Tags: startups | robinhood | finance | data | data-analysis | data-driven-analysis | hackernoon-top-story | stock-market | web-monetization

TLDR Robinhood launched over seven years ago as a stock prediction app, before it became the brokerage we have today. It took another 3 years and 2 months to get to 2 million users, owing to the constant improvement of the app’s functionality, aesthetic, security, and of course, marketing. Just 2 years after that, they got to over 10 million users. Robinhood Crypto is how the app got to 10 million so rapidly. Insights from the analytics firm, Apteo, reveal that Robinhood traders are timing market movements with great accuracy.via the TL;DR App

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Written by FrederikBussler | Published author and writer.
Published by HackerNoon on 2020/07/07