Mr. Tenev commented: “The irony isn’t lost on me that we’re in some ways having the opposite type of conversation than we typically had. Up until about a month ago, it was, ‘Are there too few barriers?’…Now it’s all about, ‘Why did you guys put these restrictions?’ It’s a strange situation.”
Angry traders launch a one-star rating campaign
Robinhood has been growing in popularity lately — the company ranked as the top free app in Apple’s app store on Wednesday.
Meanwhile, the company only had a one-star rating on Google Playstore. Outraged traders launched a campaign to leave Robinhood app with a one-star rating on Google Play Store. However, Google deleted the negative reviews and Robinhood’s app is back to four stars.
In a tweet, Vlad Tenev said, “We cannot control, however, the lightning-fast spread of information and misinformation that takes place on social media, and for that, I am incredibly sorry to our customers and staff for this.”
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