Yu-En Tung Robinhood Presentation

1. Robinhood
Yu-En (Kevin) Tung
Uniqname: yuentung
April 2017

2. Problem
š High transaction fees
š High minimum deposits
š Sub-par mobile platforms

3. Products
š iOS/Android application
š $0 transaction fees
š No minimum deposits

4. Products
š Up to 2x buying power
š Extended trading hours
š Instant access to funds

5. Financial Info
š Privately held
š $66 million in 4 rounds from 27 investors

6. Business Model
š Collect interest from cash in accounts
š Robinhood Gold memberships

7. History
š Founded in 2013
š Founded by Vladmir Tenev and Baiju Bhatt

8. Secret Sauce
š 0$ commission trades
š No minimum deposits
š Smartphone only platform

9. Industry
š Brokerage firm
š 100% a mover

10. Competition
Long Stocks
Short Stocks
Options
Computer Platform
Commission Free Trades

11. Forecast
š Hard to tell without financial info
š Too good to be true
š Future margin trading

12. Citation
š https://www.crunchbase.com/organization/analyst#/entity
š http://blogs.wsj.com/moneybeat/2015/01/06/young-poor-and-looking-to-invest-
robinhood-is-the-app-for-that/
š https://www.nytimes.com/2017/02/18/business/robinhood-stock-trading-app.html

13. Questions?