Trading app Robinhood’s co-founder and CEO Vladimir Tenev will tell the House Committee on Financial Services tomorrow that Robinhood had a deficit of $3 billion on deposits owing to its principal clearinghouse by the morning of Jan. 28, prompting its decision to restrict trading in ‘meme’ stocks such as GameStop until it could raise money to cover the deficit. Reddit CEO Steve Huffman and Wall...
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The Takeaway Venture Capital Startups
Founder Burnout and Why You Should Care
Before we dive into The Takeaway, I want to draw your attention to two quick things.First, thank you to everyone who has filled out our major tech comp survey. Many of you asked that we survey our community about the nitty-gritty of comp, benefits and performance reviews and how they are changing, and we obliged. The results have been pouring in and they’re fascinating. We’d be grateful if...
Thrasio in Talks to Go Public Via SPAC Merger
Facebook Acquires Game Maker BigBox VR
Palo Alto Networks Switches Chief Marketing Officers
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