As a startup founder, one of your most important tasks toward long-term success is building a supportive board of directors. However, a supportive board doesn’t just cheer you on — it operates as a brain trust. Ed Catmull, former CEO of Pixar, delves into this concept in his book Creativity, Inc.: One of Pixar’s key mechanisms…
Public.com: One simple UX choice. A massive behavioral finance opportunity.
Public recently announced a massive new funding, and along with it, a commitment to drop payment for order flow. This is a bold decision and sets Public apart from Robinhood and most other brokers, who generate significant revenue from payment for order flow. Instead, Public will rely on tips from its customers to generate some of its revenue….
Robinhood: Elon Musk, bad incentives, and the solve (and ok, let’s throw in blockchain)
Ok, Elon Musk was right Robinhood has always had to thread the needle between a populous mission to upend the establishment ($0 trades for everyone!) and running a real business (enough revenue and growth to successfully take the company public). So what’s the answer? Unfortunately, it’s what Elon Musk was alluding to on Sunday night…