Interview: Baiju Bhatt of Robinhood

"There’s so many younger people in this country that think the financial system is a piece of shit,” said Baiju Bhatt, co-founder of the commission-free trading app, Robinhood. Bhatt is, as so many in Silicon Valley are, out to disrupt an industry steeped in tradition — and tradition that typically favors a small group of people. “There’s this idea in traditional financial services that there are different tiers of financial citizens — like there’s first-class financial citizen, second-class financial citizen. And that’s just a thing that I disagree with, I think that’s not what financial services should be about. I mean, to think about what this industry is called, it’s called financial services; it exists to serve.”

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Matthew Ankeny