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On Trend: Robinhood IPO Expecting to Yield Billions for Co-founders

Vlad Tenev and Baiju Bhatt, the co-founders of Robinhood, are expected to become the newest pair of “paper billionaires” in the fintech game after the popular trading app makes its public stock offering. So reports CNBC.

RobinhoodEach are looking at controlling close to $2.6 billion in stock if the offering comes in at the $40 per share range they are anticipating. The founders of Coinbase, Marqeta and Affirm also recently enjoyed similar results by taking their companies public.

Read the full article from CNBC.

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