Vlad Tenev: Blockbuster Merger and Cnn Business

vlad tenev: The extreme disruption even prompted the blockbuster merger of industry leaders Charles Schwab SCHW and TD Ameritrade AMTD . Robinhood, the zero-commission online broker that recently surpassed 10 million users, is celebrating the rapid change it helped usher in, according to CNN. Robinhood pioneered commission-free investing in stocks, Vlad Tenev, Robinhood's co-CEO, told CNN Business. Established players were forced to rewrite their business models by abolishing commissions. We can be really proud of not just creating a world where our own customers don't pay commissions, but customers of other brokerages have benefited as well. It's now viewed as a potential candidate to go public in 2020. Robinhood launched six years ago with a no-commission promise and a desire to focus on millennials. (news.financializer.com). As reported in the news.

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