What kind of long-term impact do you think prediction markets can have outside of trading?
Replied byVlad Tenev
Co-founder & CEO at Robinhood
Niche: Finance, Technology, Cryptocurrency
Revenue: $1M+/month
Location: USA
Started: 2015 or
I think markets on shutdowns, policy moves, tech milestones, or earnings can replace polls that only show wishes. You can even imagine quote-based insurance where risk is priced in real time. There are hurdles, but if you let people price outcomes they care about, you get better information than headlines.
0
From the Full Interview
This answer is part of a full interview with Vlad Tenev, Co-founder & CEO at Robinhood.
Share this Answer
Found this insight valuable? Share it with your network to help others learn from Vlad Tenev's experience.
Cite This Answer
Use this answer in your research, article, or academic work
Related Answers
How does public visibility on social media affect your personal life?
By Jake Karls
Retail
Approx. 3.16 Million USD/mo
How would you describe the actual creative process behind developing a product from an initial spark in your head to getting it on the shelf?
By Ronnie Fieg
Retail
Not Publicly Disclosed./mo
You have described yourself as a footwear guy rather than just a sneaker guy. What is the distinction and why does it matter?
By Ronnie Fieg
Retail
Not Publicly Disclosed./mo
Who is the Kith customer and how do you think through the brand's audience?
By Ronnie Fieg
Retail
Not Publicly Disclosed./mo
How would you define the distinction between taste and style, and why is it important for building a lasting brand?
By Ronnie Fieg
Retail
Not Publicly Disclosed./mo
You cover an enormous range of product, from Kith Treats cereal collabs to Giorgio Armani. How do you hold all of that together without the brand feeling fragmented?
By Ronnie Fieg
Retail
Not Publicly Disclosed./mo
You have been the fit model for your own product for over 13 years. Why is fitting the product on yourself so important?
By Ronnie Fieg
Retail
Not Publicly Disclosed./mo