Day in SaaS: 07.15.21: Robinhood's Secrets; SF Bay Area is Back; Microsoft Pokes Apple in the Eye
cloud.substack.com
Why Robinhood makes far more per customer than Schwab. "Robinhood earned an average of $0.0023 per equity share traded in the fourth quarter of 2020. That's two-tenths of a penny for every share you buy or sell." But they trade so, so much more than Schwab.
Day in SaaS: 07.15.21: Robinhood's Secrets; SF Bay Area is Back; Microsoft Pokes Apple in the Eye
Day in SaaS: 07.15.21: Robinhood's Secrets…
Day in SaaS: 07.15.21: Robinhood's Secrets; SF Bay Area is Back; Microsoft Pokes Apple in the Eye
Why Robinhood makes far more per customer than Schwab. "Robinhood earned an average of $0.0023 per equity share traded in the fourth quarter of 2020. That's two-tenths of a penny for every share you buy or sell." But they trade so, so much more than Schwab.