Are prediction markets gambling? Robinhood's Vlad Tenev is betting not

Are prediction markets gambling? Robinhood's Vlad Tenev is betting not

Today, I’m talking with Vlad Tenev, the co-founder and CEO of Robinhood, which started as a way to open up stock trading. But the company’s ambitions have grown over time – and they’re getting bigger. Just a day before Vlad and I talked, Robinhood announced it would soon be offering bank accounts and wealth management services, which would really allow Robinhood to be involved with your money at every possible level. So I was very interested to sit down with Vlad and really hash out where Robinhood is going, and why he’s so adamant that certain big ideas, like prediction markets based around everything from sports games to presidential elections, are going to play a pivotal role in the future of finance. Links: Robinhood CEO Vlad Tenev on markets for everything | Hard Fork Robinhood is launching bank accounts | Verge Kalshi sues Nevada and New Jersey regulators | Esports Insider Kalshi CEO: ‘State law doesn’t really apply’ to us | TechCrunch Robinhood debuts a sports gambling hub | Verge The SEC has ended its investigation into Robinhood crypto | Verge Robinhood admits it’s just a gambling app | Verge Massachusetts regulator subpoenas Robinhood over sports betting | CNN Verge Transcript Credits: Decoder is a production of The Verge and part of the Vox Media Podcast Network. Our producers are Kate Cox and Nick Statt. Our editor is Ursa Wright. The Decoder music is by Breakmaster Cylinder. Learn more about your ad choices. Visit podcastchoices.com/adchoices

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Recode Decode: Lenny newsletter co-founders Lena Dunham and Jenni Konner

Recode Decode: Lenny newsletter co-founders Lena Dunham and Jenni Konner

In a special hour-long interview with Kara Swisher, Lena Dunham and Jenni Konner talk about their new newsletter publication, Lenny. The duo behind HBO's "Girls" offer their thoughts on feminism, online harassment and more. Learn more about your ad choices. Visit podcastchoices.com/adchoices

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Recode Decode: Microsoft EVP Peggy Johnson

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Recode Decode: Buzzfeed founder Jonah Peretti

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BuzzFeed is one of the most important and successful new media companies, tying together deeply reported impact journalism with content optimized for the digital age. Peter Kafka talks with founder and CEO Jonah Peretti, and later on, The Verge's Lauren Goode discusses the Apple event and Jason Del Rey dishes about mobile payments. Learn more about your ad choices. Visit podcastchoices.com/adchoices

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Like rivals Facebook and Twitter, LinkedIn is no longer just a social network, it's a content platform, a recruiting tool, a resume builder and much, much more. In the Red Chair this week, CEO Jeff Weiner explains how the company has grown and evolved. Plus, Walt Mossberg talks about apps for work and Ina Fried dives into the business of wearables. Learn more about your ad choices. Visit podcastchoices.com/adchoices

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Recode Decode: Marc Andreessen, investor and entrepreneur

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Recode Decode: Ex-Googler Erica Baker

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Recode Decode: Investor Chris Sacca

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Investor Chris Sacca shares his thoughts on who might get the Twitter CEO job, Walt Mossberg dives into the weird world of wireless carriers and Jason Del Rey explains the rise of "buy" buttons. Learn more about your ad choices. Visit podcastchoices.com/adchoices

11 Aug 201551min

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