Vladimir Tenev

Yeah, one of the things we work really hard to do is we don't want to outside of like certain circumscribed areas, we don't want to make recommendations or push customers in a certain direction.

But we want to give them all the information that they're looking for to make the decisions.

So we have some areas where we do make recommendations like first trade or, you know, upon request.

And then Robinhood Strategies is obviously a fiduciary platform.

advisory product.

And then we also acquired an advisory platform, Trade PMR, where you could get a human advisor to help you with your finances.

But yeah, by and large, the core of the offering is self-directed, meaning

You should just use it to get information, but the trading decision has to come from the user.

I think it hurt it quite a bit.

I mean, to some degree, we're still sort of...

uh recovering from that or i should say it was probably not until 2025 that we you could say fully recovered from from that hit and that was a tough moment for me you know that was five years ago so i know now i look like a confident you know uh executive that's on top of everything back then i was kind of a kid you know and sort of like

I'd been in the lab working on this software and not really talking to the media or anything like that.

And suddenly it's like, oh, you got to go on CNBC.

You got to go to testify in front of Congress.

And... Damn.

I mean, I think if I had to do that now, it would probably have been much better handled because I think the core of the GameStop issue, like if you look at what actually happened, it was like...

risk management, us complying with regulations.

We, we, our hand was forced essentially.

Uh, and I think our competitors basically had to do the same thing, but they had a, they, they kind of did a better job of explaining it per plus they were just much smaller.

So we were the brunt of, uh, of, of, of all of the anger, even though it affected pretty much everyone in the industry.