Vlad Tenev is the co-founder and CEO of the online brokerage firm Robinhood. He co-founded the company in 2013 with Baiju Bhatt while they were still in college. The company's mission is to make the stock market accessible to more people by providing a commission-free trading platform.
Robinhood quickly grew in popularity, particularly among young investors, and has since raised over $5 billion in funding. However, Tenev has faced some controversy over the years due to the company's business practices, including its use of payment for order flow and its handling of the GameStop trading frenzy in January 2021.
Despite the controversy, Tenev continues to lead the company and has stated that his goal is to make the stock market more accessible to more people. One of Tenev's significant achievements is the success of Robinhood, which has grown to become one of the most popular investment platforms among young investors. Robinhood has over 13 million users on its platform and has raised over $5 billion in funding.
Tenev's innovative approach and mission to make the stock market more accessible to more people through commission-free trading has been recognized and praised by many in the industry. He has also received several awards and honors, such as being named to Forbes' 30 Under 30 in Finance. In addition, his company was listed as one of Fast Company's Most Innovative Companies in 2021.
Tenev's work in Robinhood also helped to democratize finance, which is a significant achievement for him and the company. Tenev has also been recognized as a visionary entrepreneur and featured in various media outlets such as Forbes, Wall Street Journal, and Business Insider.