Robinhood co-founder Baiju Bhatt shared insights regarding the dramatic fluctuation of his personal wealth following the financial technology company’s 2021 initial public offering. Bhatt discussed the experience of losing approximately $1 billion in paper wealth within a few months as Robinhood’s stock price declined from its post-IPO peak. He reflected on the psychological impact of these rapid market shifts, his decision to step back from his operational role at the brokerage, and his current focus on founding a new space-based solar energy startup.
- Baiju Bhatt’s paper net worth decreased by approximately $1 billion in the months following Robinhood’s peak stock valuation after its 2021 IPO.
- Bhatt described the psychological challenges of experiencing extreme, rapid fluctuations in wealth, emphasizing the importance of separating personal identity from stock market performance.
- He stepped down as co-CEO of Robinhood in late 2020 and eventually transitioned away from his executive duties at the company entirely.
- Bhatt has shifted his professional focus to founding Aetherflux, a technology startup aiming to develop space-based solar power to transmit renewable energy to Earth.
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More curious as why they’re not all in jail
Ace conversation 🗣💀⚡
In my day we called it a scam
I broke up with my girlfriend, Robin Hood.
WSJ is trash for giving this scammer a platform. Freezing all accounts when the market was tanking is a crime.
Rahul Roy aap yaha?
What an inefficient communicator
A guy who were selling personal data at highest bid to every hedge funds and call Robinhood free and intentionally halted the trading when hedge friends were losing billions for shorting the stocks.
There's a pattern in founders like this that's worth studying if you care about wealth.
He built Robinhood, democratized investing, made a fortune, then walked away to build data centers in space.
Most people, once they hit billionaire status, protect it. He redeployed it into something harder.
That's the difference between people who get rich once and people who compound across a lifetime.
The first group treats wealth as a finish line. The second treats it as fuel.
Whether space data centers work or not almost doesn't matter for the lesson: the mindset that builds serious wealth never stops putting capital and energy back to work. Comfort is the enemy of compounding. The people who stay hungry after they've already won are the ones who win again.
not lose, stolen billion dollars
Why is the American way now "scam as hard as you can and take what you can get away with?" instead of Benjamin Franklin's "industry and frugality"?
Baiju Bhatt is to be asked about this! MOSSAD carried out a terrorist attack against an American in the USA to intimidate all opponents of American policy dependence on Israel in Great America, with the connivance of the Trump administration, the Republican Party, US courts, police, media, and intelligence agencies. (By killing Charlie Kirk.) Although in this case, to protect the rights of Americans, the USA must legalize anti-Israeli economic sanctions, expel the Israeli ambassador from the US, purge the US of Israeli agents (agents of a foreign state conducting hostile activities against the American Nation in the USA), collect a large fine from Israel in favor of the US federal budget, defame any American ties to Israel and prohibit lobbying for Israeli interests in the US by law, declare American national mourning and revenge, hunt pro-Israel agents in the US, publicly expose Israel's hostile activities in the US, and even overthrow the Israeli government and Knesset as a warning to future Israeli politicians and officials (so that they do not dare repeat the same in the US) and for the sake of US national security! In addition to this, the EU, Britain, Israel, the Republican Party, the Trump administration and their media spare and pity thieves, bandits, crooks and murderers who fled Russia with large sums of money. Even though all the money, property, and jewelry of these criminals could be confiscated, their passports revoked, and these criminals and their families deported back to Russia (to prevent them from seeking revenge) and placed on the non-grata list! (Even if they no longer hold Russian citizenship and hold local citizenship, their children and grandchildren were born and raised in their countries of arrival.) These Russian criminals are no longer of value to the EU, Britain, Israel, and the US after they arrived with large sums of money, but they can increase crime in the countries where they arrived. (There are already many examples and investigations of this!) The fact that this has not yet been done is the fault of local bribe-takers, who should be treated in the same way as the Russian criminals described above! If this were done, European countries would receive a lot of money to purchase American weapons, and Israel would have more money and weapons to defeat Iran. But even Tulsi Gabbard doesn't dare talk about this topic! (Where is her patriotism and investigative zeal?) American Democrats know how to think strategically, so I advise American voters to vote for them. American Republicans are not solving the problems I will describe! Despite the Trump family's friendship with Israel, the Trump administration and the Republican Party have not insisted that Israel and world Judaism officially and legally abolish the rituals known as "brit milah" and "mitzitzah b'peh" for male conversion (the procedure for recognizing Judaism). (Rituals of discrimination against Jewish boys and men in Judaism.) Although these rituals are relics of the past and pose risks to the health and lives of Jewish boys and men, reducing these risks is very beneficial for the constantly warring (irreconcilable) Israel! Jared Kushner's family didn't insist on this either. Did anti-Semites invent these two rituals for Jews in ancient times, or is this an additional mechanism of evolutionary selection devised by ancient priests? The world is changing and will never be the same, so it's necessary to reconsider ancient rituals and dogmas and implement religious reforms in line with the common sense of today's reality! Today, there are more than ten million Jews, but not all of them are thinking about this; some fanatically adhere to outdated rituals, dogmas, and traditions, like those of other peoples. Of the twelve founding Jewish families, only two have preserved their genealogy (the Levites and the Cohens), and even they are in no hurry to carry out religious revisions and reforms! Moreover, the collapse of the USSR gave additional impetus to some Jews to "serve the Golden Calf," because the USSR, with its socialism (combining the principles of not only Marxism, Engelsism, Leninism, and Stalinism, but also Buddhism, Shintoism, Christianity, Islam, paganism, Confucianism, and Judaism), was a powerful obstacle to apostasy and falling into "Golden Calf worship." You remember that Israel defected from the USSR to the USA for money, and this began the collapse of the USSR (and the rise of anti-Semitism) and the fall of Israel, with the discrediting of the idea of an Israeli state! This continues to this day, and the idea that globalism should be built on only one idea ("serving the Golden Calf", better known as capitalism) has proven wrong. An ideologically bipolar or multipolar globalism will be more sustainable and in line with the interests not only of Jews, but of all humanity! Multipolar globalism based on international financial equality (as opposed to today's global inequality) and ideological differences will slow the slide of all Jews around the world into "serving the Golden Calf" (a sin that existed even in the time of Moses). This could lead to the Messiah appearing to announce to the Jews that God has revoked their chosen status for their numerous sins! Therefore, it is the sacred duty of Jews to restore the USSR (an alternative) to form a stronger and more diverse world order. Power is responsibility! Big money means big power. (This is legal in the USA.) Those in power must use their power wisely, otherwise they are unworthy of power! Incidentally, the idea of reducing the global population is irrational because the production of every product requires a minimum number of people along the entire production chain. (From the extraction of raw materials to the assembly and quality control of the final product.) Did you know that after production, many products require maintenance and replacement? A major global population decline will lead to humanity's reversion to an earlier technological era! (AI will not prevent this, but will only change the list of in-demand professions.) This means that not a single human family will be able to leave Earth and settle on another planet or even a solar system when Earth becomes uninhabitable as a result of global solar warming. (In 100-700 million years, with the gradual evaporation of the oceans, although this can be prevented at great expense.) I am a representative of the Levite clan, and I protest! Moreover, world wars and ideas of population reduction ultimately led to a significant reduction in the white population. (Racism.) That is, ideas of human population reduction correspond to the suicidal Nazi madness, but not to common sense and the preservation of humanity! Moreover, you can watch and subscribe to the Nellifornication channel (the best channel about the USA). (The necessary links are in the info on my channel.) But Tulsi Gabbard prefers to avoid mentioning the above topics and the full disclosure of all Epstein files! Is she working to distract Great America from the activities of Epstein and his guests, with the connivance (or assistance) of the Trump administration and the Republican Party? (Is this desirable for Israel, and did Jeffrey Epstein recruit agents of influence in the US for Israel?) The current world order was established by the US and for the sake of US interests. The American Nation is the Supreme World Master, Judge, Teacher, and Leader of all humanity today. Therefore, it is unacceptable for Israel to be not a subordinate, but the Supreme Master, Judge, Teacher, and Leader of all the US today! Ties with Israel compromise any US family today (especially a political family). The desire for American policy independence from Israeli interference is patriotic, not anti-Semitic! Any attempt to portray American patriotism as anti-Semitic is an attempt to confuse Americans by promoting Israel in the USA against the American Nation. (Hostile activity against the USA.) By the way, in Monaco, Switzerland, Britain, Cyprus, and the Solomon Islands, there are many people with money stolen from the US and Russia, so arrests and confiscations of stolen wealth can be carried out there too! Moreover, Russia, the EU, Britain, and Argentina are also victims of brazen and thieving Israeli interference in their politics. (Why doesn't Tulsi Gabbard expose this and other Israeli interference?) Therefore, if Israel refuses to submit to the US, stop interfering in American politics, and spend American taxpayers' money and lives on Israel's behalf, it would be possible to publicly expose all Israeli influence there! It seems more profitable to me for the US to sell weapons to Israel and Iran in the event of a conflict, while remaining out of that war. (Neutrality.) The majority of the US national debt is the cost of wars waged on Israel's behalf, and the interest on those costs! Therefore, Israeli taxpayers should pay the US, but not the other way around. Interview, please!
I lost 60k in months and I just have 3k remained, Baiju Bhatt and I suffer the same 🙁
Would be cooler if he lost a billion on ODTE #OneOfUs
Bitcoin is the answer to occupy Wall Street not Robinhood.