As Robinhood co-founders prepare for a massive IPO, fintech keeps minting billionaires

Robinhood co-founders Vlad Tenev and Baiju Bhatt are each poised to be worth about $2.6 billion on paper when their trading app debuts on the Nasdaq later this month.

Fintech is capturing an outsized share of the gains, with at least 12 companies that went public through an IPO, direct listing or special purpose acquisition company (SPAC) attaining a market capitalization of $10 billion or more.

The tech industry has minted 16 billionaires in 2021, including those with lower valuations, according to the tech industry’s most recent IPO prospectus.


Robinhood aims for $35 billion price tag in blockbuster IPO

Robinhood could soon be worth $35 billion.

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Robinhood to Raise Billions From the Rich, Give None of It to the Poor

Robinhood is aiming for a $35 billion valuation in its forthcoming IPO.

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