There’s a very large pot of gold for Robinhood Markets’ co-founders if they can somehow send their company’s stock price over the rainbow.
CEO Vladimir Tenev stands to collect $800 million, and $592 million awaits co-founder and Chief Creative Office Baiju Bhatt, according to a regulatory filing this week.
But for them to get any of it, Robinhood’s stock price must first reach $120 a share, an ambitious goal for the popular trading app that has been an investment bust since going public last year at $38 a share. The stock trades for a bit more than $10.
The company wouldn’t comment but seemed worried by the optics of
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