Fri. 01/29 – Robinhood Is Now The Crazy Stock Story

What once was a story about Game Stop and Reddit, has suddenly become a story about Robinhood. I’ll catch you up. Everybody wants in on the newsletter game all the sudden. Hyundai is having second thoughts about building an Apple Car, and a special stonks themed edition of the weekend longreads suggestions.

Sponsors:

• WeWorkRemotely.com code TECHMEME15 at checkout
• ManlyBands.com/techmeme

Links:

• Robinhood, in Need of Cash, Raises $1 Billion From Its Investors (NYTimes)
• Facebook is said to be planning newsletter tools to court independent writers. (NYTimes)
• Hyundai wrestles with the risks of embracing Apple (Reuters)
• SEC scrutiny delays Roblox stock market listing (CNBC)

Weekend Longreads Suggestion:

• Inside the Reddit army that's crushing Wall Street (CNN Business)
• The Big Short SQUEEZE from $5 to $50? Could GameStop stock (GME) explode higher?? Value investing! (Roaring Kitty)
• How a Penny Stock Explodes From Obscurity to 451% Gains Via Chat Forums (Bloomberg)
• Think Americans Wouldn’t Wager on Russian Table Tennis? Care to Bet? (NyTimes)
• CashApp Is King (Aika's Newsletter)
• Can Growth Go Out of Style? (Irrelevant Investor)
• YouTube’s Spammy Sex Bots Make a Ton of Money (OneZero)
• Who’s Making All Those Scam Calls? (NYTimes Magazine)

Subscribe to the RideHome+ Feed: tech.supercast.tech

Learn more about your ad choices. Visit megaphone.fm/adchoices