Vlad Tenev

And then, you know, the hedge funds will tell you, well, my LPs are pension funds.

So pensioners lost a lot of money.

So I can see the argument on both sides, but certainly some hedge funds lost a lot of money for that.

Yeah.

Yeah, I mean, we weren't doing videos and saying, come on, you know, we're coming after the, we weren't the generals in this fight.

Yeah, I think there was some kind of poetic irony in the name of the product being Robinhood, it being free, and the retail investors using Robinhood to take down the hedge funds.

But yeah, no, I think the reason people were using Robinhood was Robinhood had become synonymous with investing during that time period.

Roaring Kitty wasn't using Robin Hood.

I think he had a Morgan Stanley account.

Yeah, but we were pretty much the platform that a lot of the activity was happening on.

And then did you get shut down or did you choose to shut down?

What happened?

So the dramatic story was on January 27th, you know, Robin Hood was kind of a hero in a sense.

Like we were, people were using our platform against the man.

Yeah.

And then what happened was we basically had to pause, not even for a crazy long period of time, but for something like 12 hours.

Not even one day?

It was pretty much one trading day, but yeah, not a full 24 hours.

Was it clear that it would be short or no?

It was not clear.