Robinhood stops the games
https://techcrunch.com/2021/01/28/robinhood-gamestop-this-is-2021/
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines.
This week the team — Natasha and Danny and Alex and Grace — recorded a bonus Equity Shot to help our listeners make sense out of the Gamestop trading bonanza happening all over the internet. The story is fast-moving, and news continues to break (twice during our recording, in fact) about how trading apps such as Robinhood are responding to the tear. Still, this type of story is worth a temperature check and timestamp because it feels like it’s a pivotal moment in many ways.