Robinhood purchases State Technologies for $140M to enhance shareholder-company relations

Robinhood purchases State Technologies for $140M to enhance shareholder-company relations

The offer is notable due to the fact that it is Robinhood’s very first major purchase because going public in July, and since it shows where Robinhood may aim to invest some of its freshly liquid equity wealth. You can see how State and Robinhood might fit together. Robinhood has a big user swimming pool of retail financiers who like to trade and invest. By offering to its user base a service like what State has actually built, Robinhood can offer a distinct twist on retail investing.

Growth is insufficient

Growth is insufficient

Hey there and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headings. We were a smaller sized group this week, with Natasha and Alex together with Grace and Chris to sort through a week that united both this quarter’s revenues cycle, and the Q3 IPO rush. So, it was just a little hectic! Prior to […] Before we get to topics, however, a note that we are having a lot of enjoyable recording these live on Twitter Spaces. We’ve discovered a hacky method to record regional audio and also share the chats live. You can hang out with us. In short, Robinhood seems to have actually deftly priced its IPO, leaving no fat on the table. Due to the fact that we care lots about the cloud and platform companies….