Too Long; Didn't Read
In 2020, Americans spent an average 4 hours and 15 minutes on their mobile phones daily. On average, every phone had 40 apps installed (millennials had 67). The trend towards the democratization of investments spurred by Robinhood is already going beyond the stock market. The number of "unicorns" — private companies valued at $1 billion or more— is rapidly growing in the U.S.