In this episode of "On Purpose," Jay Shetty interviews Vlad Tenev, the CEO and co-founder of Robinhood, exploring his journey from a childhood marked by immigration and financial hardship to becoming a pioneer in commission-free investing. Tenev shares personal anecdotes, including his early exposure to hyperinflation in Bulgaria and his first investment at age 12, which shaped his understanding of money and finance. The conversation covers Robinhood's origins, its mission to democratize investing, and the challenges faced during the GameStop saga and subsequent market downturn. Tenev also discusses the importance of financial literacy, the shift from traditional retirement accounts to more aggressive investment strategies, and the innovative features of Robinhood's credit card, while also sharing his personal strategies for maintaining enthusiasm and balance in his life.
