E22: Robinhood CEO Vlad Tenev breaks down the GameStop situation

In this episode of the All-In podcast, Vlad Tenev, co-founder and CEO of Robinhood, joins the hosts to discuss the GameStop trading controversy, Robinhood's role in it, and the platform's mission to democratize finance. The conversation covers topics such as the decision to restrict trading, the pressures from clearinghouses, the debate around payment for order flow, margin trading, and potential future changes to the financial system. The hosts press Tenev on the motivations and consequences of Robinhood's actions during the GameStop saga, while also exploring the broader implications for retail investors and market transparency. The discussion also touches on Robinhood's potential IPO and whether it should prioritize retail investors.