Robinhood Founder & CEO, Vlad Tenev: Robinhood’s $85BN Resurgence & Tokenizing SpaceX & OpenAI
20VC
Jul 14, 2025
Posted by
Vlad Tenev is the Founder and CEO of Robinhood, the greatest story on Wall St of the last decade. In the previous 18 months, Robinhood has increased its net revenue by 58% to nearly $3B; a $500M loss in 2023 turned into a $1.1B profit in 2024. Robinhood’s stock is up roughly 4x, lifting their market cap to north of $80B. Today, Robinhood has nine lines of business that do over $100M in revenue.
In Today's Episode We Discuss:
– How Robinhood 4x’d Its Market Cap in 8 Months
– AI Writes 50% of All Net New Code at Robinhood
– Why Robinhood Built a Secret ChatGPT for Support
– The One Customer Type That Transformed the Business
– “CoreWeave Is Retail’s Way Into AI” - The Meme Stock Defense
– Inside Robinhood’s Tokenized Private Shares Product
– “Capital as a Service” - Vlad’s Wild Vision for Startup Fundraising
– The $100M Revenue Line Vlad Wishes He Could Kill
– Robinhood Is Building... Cash Delivery Trucks?!
– “We Were Shipping Nothing”: Vlad on the 2020–2022 Culture Crisis
– What Line of Business Will Be the Biggest For Vlad in 5 Years Time
– The One Competitor Vlad Actually Respects
– From Men’s Health to Japanese Toilets: Vlad’s Weirdest Quickfire Yet
– “I Was in the Dumps”: What 2022 Taught Vlad About Resilience
– Where Robinhood Is Headed: The Next Decade of Financial Infrastructure
Share this post
