Robinhood Holds An IPO Roadshow Ahead Of Nasdaq Trading On July 29

Robinhood Holds An IPO Roadshow Ahead Of Nasdaq Trading On July 29

What Happened: The online brokerage Robinhood held an IPO Roadshow on Saturday, July 24, instead of the traditional process of pitching itself to investors in closed-door meetings. The live streamed event included founder and CEO Vlad Tenev, co-founder Baiju Bhatt, Chief Financial Officer Jason Warnick, Chief Legal Officer Dan Gallagher, Chief Operating Officer Gretchen Howard, Chief Marketing and Communications Officer Christina Smedley and Chief Product Officer Aparna Chennapragada.

Company officials said Robinhood will have four core priorities: Safety first, Participation is Power, Radical Customer Focus and First Principles Thinking. Robinhood CFO Jason Warnick said the company's revenue grew by 245% year-over-year in 2020, and 40% of monthly active users interact with the app daily.