Vlad Tenev

And then a big acceleration in the business was when we added options.

And options are even more expensive than stocks.

So we were able to offer options for zero commissions and zero contract fees.

Usually options, you're charged twice.

You have the commission per trade, and then you also have a per contract charge.

And we cut both to zero, which was really transformative.

And that led us to now we're the top options broker, I think, in the world.

A huge chunk of global options volume flows through Robinhood.

Then we added crypto.

What year was that?

2018.

So relatively late for a crypto company.

Yeah.

But the first traditional financial company, which we were at the time.

Yeah, the first new traditional to add crypto.

And that blew people away.

People had never seen crypto alongside traditional assets.

And we had to kind of contend with that.

And now recently we have prediction markets.

which is another thing, like we added prediction markets to the whole package and we were the first broker to add prediction markets too.