Zero-commission service
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Wu Blockchain· 2025-12-13 12:40
Robinhood's SuccessIn a recent interview on the a16z Podcast, Robinhood founder Vlad Tenev stated that the core reason they were able to break through a market dominated by giants lies in three counter-intuitive decisions. First, they pioneered zero-commission service, which gave them a 3-4 year lead over the industry in terms of business model. Second was their persistence on a mobile-first strategy. Finally, he noted that they deliberately chose a light-sounding name like "Robinhood" (similar to Airbnb) t ...