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Didn't invest in Robinhood as it made me feel bad: Investor Bill Gurley
short by Hiral Goyal / on Tuesday, 11 May, 2021
Venture capitalist Bill Gurley in an interview with The New Yorker said he didn't invest in stock trading app Robinhood because it made him feel "emotionally bad". Gurley said that Robinhood CEO Vlad Tenev had pitched the idea saying the platform would rely on payment for order flow practice. "I think it is misleading to people," Gurley added.