Chapter
Making Hard Decisions While Running a Business
03:50 - 10:03 (06:12)
The decision of choosing between the company and its customers' loss is a tough one for business owners. However, it's essential to prioritize your customer's success to maintain a long-lasting business model.
Clips
Robinhood's Depository and Trust Clearing Corporation has reportedly demanded $3 billion in addition to collateral from Robin Hood, which is an order of magnitude higher than the usual requirement.
03:50 - 05:30 (01:39)
Robinhood
Summary
Robinhood's Depository and Trust Clearing Corporation has reportedly demanded $3 billion in addition to collateral from Robin Hood, which is an order of magnitude higher than the usual requirement. However, it seems that the requirement was later dropped to $700 million.
ChapterMaking Hard Decisions While Running a Business
EpisodeE20: Robinhood wrap up, Insiders vs. Outsiders, California's failing report card & how to fix it
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The decision of a company to either lose money or make their customers lose money is always tough.
05:30 - 10:03 (04:32)
Business
Summary
The decision of a company to either lose money or make their customers lose money is always tough. However, it is always better for the company to take the loss rather than the customers.