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: Jason Fried

Recode Decode: Jason Fried

Basecamp CEO Jason Fried talks with Recode's Kara Swisher about the company's new email product, Hey, which he describes as "the most ambitious and stupidest thing we’ve ever done." Fried also discusses how coronavirus proved that offices are not as important as other companies used to say, why Zoom calls "suck," and why Basecamp is charging $99/year for a personal Hey account, Plus: Why Uber is a "shitty business," why Fried doesn't want any public CEO's job, and the state of tech regulation. Featuring: Jason Fried (@jasonfried), CEO, Basecamp Host: Kara Swisher (@karaswisher), Recode co-founder and editor-at-large More to explore: On Reset, Arielle Duhaime-Ross explores why — and how — tech is changing everything. On Recode Media, Peter Kafka interviews business titans, journalists, comedians and podcasters about the collision of tech and media. On Pivot, Kara Swisher and Scott Galloway talk about the big tech news stories of the week, who's winning, who's failing, and what comes next. And on Land of the Giants, Jason Del Rey chronicled the rise of Amazon. Season 2 will focus on Netflix and is coming soon! About Recode by Vox: Recode by Vox helps you understand how tech is changing the world — and changing us. Follow Us: Newsletter: Recode Daily Twitter: @Recode and @voxdotcom Learn more about your ad choices. Visit podcastchoices.com/adchoices

15 Juni 202057min

Recode Decode: Katie Couric

Recode Decode: Katie Couric

Katie Couric, the former host of the Today Show and anchor of the CBS Evening News, talks with Recode's Kara Swisher about why the current moment of political protest feels unlike anything that came before; the fine line between objectivity and advocacy in journalism; and her upcoming memoir, Unexpected. Couric also discusses the battle over Confederate history and art in the south, America's divided news diet, and what she thought of the Apple TV+ series The Morning Show. Plus: Her famous interview with Sarah Palin in 2008, and what she would ask Donald Trump if he sat with her for a 1:1 interview. Featuring: Katie Couric (@katiecouric), host, Next Question with Katie Couric Host: Kara Swisher (@karaswisher), Recode co-founder and editor-at-large More to explore: On Reset, Arielle Duhaime-Ross explores why — and how — tech is changing everything. On Recode Media, Peter Kafka interviews business titans, journalists, comedians and podcasters about the collision of tech and media. On Pivot, Kara Swisher and Scott Galloway talk about the big tech news stories of the week, who's winning, who's failing, and what comes next. And on Land of the Giants, Jason Del Rey chronicled the rise of Amazon. Season 2 will focus on Netflix and is coming soon! About Recode by Vox: Recode by Vox helps you understand how tech is changing the world — and changing us. Follow Us: Newsletter: Recode Daily Twitter: @Recode and @voxdotcom Learn more about your ad choices. Visit podcastchoices.com/adchoices

12 Juni 20201h 1min

Recode Decode: Jill Lepore

Recode Decode: Jill Lepore

American historian and New Yorker staff writer Jill Lepore talks with Recode's Kara Swisher about her new podcast, The Last Archive, which investigates "who killed truth?" in the style of a true-crime show. Lepore discusses why the protests against systemic police violence represent America "at our very best," but explains why the two main competing theories of American history are both wrong — and how it should be taught and studied instead. She also talks about the history of technologies, from photography to social media, that have been the subject of a political "fantasy" and previews her upcoming book about Simulmatics, "the Cambridge Analytica of the Cold War." Plus: What would Lepore do if she were a historian in the future trying to understand 2020? Featuring: Jill Lepore, professor of American history at Harvard University and host, The Last Archive Host: Kara Swisher (@karaswisher), Recode co-founder and editor-at-large More to explore: On Reset, Arielle Duhaime-Ross explores why — and how — tech is changing everything. On Recode Media, Peter Kafka interviews business titans, journalists, comedians and podcasters about the collision of tech and media. On Pivot, Kara Swisher and Scott Galloway talk about the big tech news stories of the week, who's winning, who's failing, and what comes next. And on Land of the Giants, Jason Del Rey chronicled the rise of Amazon. Season 2 will focus on Netflix and is coming soon! About Recode by Vox: Recode by Vox helps you understand how tech is changing the world — and changing us. Follow Us: Newsletter: Recode Daily Twitter: @Recode and @voxdotcom Learn more about your ad choices. Visit podcastchoices.com/adchoices

10 Juni 202057min

Recode Decode: Bart Gellman

Recode Decode: Bart Gellman

Journalist and author Bart Gellman talks with Recode's Kara Swisher about his newest book, Dark Mirror: Edward Snowden and the American Surveillance State. Gellman discusses how he got connected with Snowden ahead of his whistleblowing disclosures in 2013; how he reacted to the staggering size of the US government's digital surveillance apparatus; and the different waves of impact of the Snowden leaks on the government and tech industry. He also talks about why people should still be concerned about the amount of data the tech industry has amassed, and why debating whether Snowden is a traitor is a "silly" distraction. Featuring: Bart Gellman (@bartongellman), author, Dark Mirror: Edward Snowden and the American Surveillance State Host: Kara Swisher (@karaswisher), Recode co-founder and editor-at-large More to explore: On Reset, Arielle Duhaime-Ross explores why — and how — tech is changing everything. On Recode Media, Peter Kafka interviews business titans, journalists, comedians and podcasters about the collision of tech and media. On Pivot, Kara Swisher and Scott Galloway talk about the big tech news stories of the week, who's winning, who's failing, and what comes next. And on Land of the Giants, Jason Del Rey chronicled the rise of Amazon. Season 2 will focus on Netflix and is coming soon! About Recode by Vox: Recode by Vox helps you understand how tech is changing the world — and changing us. Follow Us: Newsletter: Recode Daily Twitter: @Recode and @voxdotcom Learn more about your ad choices. Visit podcastchoices.com/adchoices

8 Juni 20201h 2min

Recode Decode: Andy Puddicombe, Robin Arzon, and Marianne Williamson

Recode Decode: Andy Puddicombe, Robin Arzon, and Marianne Williamson

Recode's Kara Swisher talks with three guests about how to take care of your mind, body, and spirit while in quarantine. Headspace co-founder Andy Puddicombe discusses the challenges of getting people to meditate, how to make your sleep more restful, and how to feel connected to loved ones you can't see right now; Peloton's head instructor Robin Arzon talks about the impact of COVID-19 on the company's business, why you should focus on what you can control when exercising, and the future of working out at home; and finally, former Democratic presidential candidate Marianne Williamson talks about the "great reckoning" facing America and why healing ourselves and healing the country are part of the same mission. Featuring: Andy Puddicombe (@andypuddicombe), co-founder, Headspace Robin Arzon (@RobinNYC), head instructor and VP of fitness programming, Peloton Marianne Williamson (@marwilliamson), spiritual thought leader and bestselling author Host: Kara Swisher (@karaswisher), Recode co-founder and editor-at-large More to explore: On Reset, Arielle Duhaime-Ross explores why — and how — tech is changing everything. On Recode Media, Peter Kafka interviews business titans, journalists, comedians and podcasters about the collision of tech and media. On Pivot, Kara Swisher and Scott Galloway talk about the big tech news stories of the week, who's winning, who's failing, and what comes next. And on Land of the Giants, Jason Del Rey chronicled the rise of Amazon. Season 2 will focus on Netflix and is coming soon! About Recode by Vox: Recode by Vox helps you understand how tech is changing the world — and changing us. Follow Us: Newsletter: Recode Daily Twitter: @Recode and @voxdotcom Learn more about your ad choices. Visit podcastchoices.com/adchoices

5 Juni 20201h 9min

Recode Decode: Frances Frei

Recode Decode: Frances Frei

Harvard Business School professor Frances Frei talks with Recode's Kara Swisher about the new book she wrote with her wife Anne Morriss, Unleashed: The Unapologetic Leader's Guide to Empowering Everyone Around You. Frei — who has previously worked with Uber, WeWork, and Riot Games to address culture crises — discusses what good leadership today looks like, the unfair treatment of women and people of color in business, and why it's a mistake to chase "balance" or "equal treatment." She also reflects on her work with Uber and WeWork, calling the former a "terrific success," and explains the key difference between Uber's former CEO Travis Kalanick and WeWork's former chief Adam Neumann. Plus: Why Amazon's market dominance is threatened by its poor treatment of workers. Featuring: Frances Frei, co-author, Unleashed: The Unapologetic Leader's Guide to Empowering Everyone Around You Host: Kara Swisher (@karaswisher), Recode co-founder and editor-at-large More to explore: On Reset, Arielle Duhaime-Ross explores why — and how — tech is changing everything. On Recode Media, Peter Kafka interviews business titans, journalists, comedians and podcasters about the collision of tech and media. On Pivot, Kara Swisher and Scott Galloway talk about the big tech news stories of the week, who's winning, who's failing, and what comes next. And on Land of the Giants, Jason Del Rey chronicled the rise of Amazon. Season 2 will focus on Netflix and is coming soon! About Recode by Vox: Recode by Vox helps you understand how tech is changing the world — and changing us. Follow Us: Newsletter: Recode Daily Twitter: @Recode and @voxdotcom Learn more about your ad choices. Visit podcastchoices.com/adchoices

3 Juni 202049min

Recode Decode: Daniel Schreiber

Recode Decode: Daniel Schreiber

Lemonade CEO and co-founder Daniel Schreiber talks with Recode's Kara Swisher about what happens to an insurance in a crisis like COVID-19, how some of the money from Lemonade customers' premiums will be allocated to coronavirus relief, and whether the insurance industry can be fully automated. Schreiber also talks about Lemonade's decision to be a public benefit corporation, why that doesn't make them "do-gooders," and why he strives to be more like Ulysses from the Odyssey and not like Mark Zuckerberg from Facebook. Featuring: Daniel Schreiber, CEO, Lemonade Host: Kara Swisher (@karaswisher), Recode co-founder and editor-at-large More to explore: On Reset, Arielle Duhaime-Ross explores why — and how — tech is changing everything. On Recode Media, Peter Kafka interviews business titans, journalists, comedians and podcasters about the collision of tech and media. On Pivot, Kara Swisher and Scott Galloway talk about the big tech news stories of the week, who's winning, who's failing, and what comes next. And on Land of the Giants, Jason Del Rey chronicled the rise of Amazon. Season 2 will focus on Netflix and is coming soon! About Recode by Vox: Recode by Vox helps you understand how tech is changing the world — and changing us. Follow Us: Newsletter: Recode Daily Twitter: @Recode and @voxdotcom Learn more about your ad choices. Visit podcastchoices.com/adchoices

1 Juni 202050min

Recode Decode: Jon Mooallem

Recode Decode: Jon Mooallem

New York Times Magazine writer-at-large Jon Mooallem talks with Recode's Kara Swisher about his newest book, This Is Chance!: The Shaking of an All-American City, A Voice That Held It Together. It tells the story of a 9.2-magnitude earthquake that struck Anchorage, Alaska in 1964 and how a part-time radio reporter named Genie Chance held her community together. Mooallem recounts how he got his hands on the recordings of Chance's broadcasts and reported out the full story of the disaster, which had been largely forgotten outside Alaska; he also compares Anchorage's recovery from the earthquake to what people around the world are doing now in response to COVID-19. Plus: How has storytelling changed over the course of Mooallem's career? Featuring: Jon Mooallem (@jmooallem), author, This Is Chance! Host: Kara Swisher (@karaswisher), Recode co-founder and editor-at-large More to explore: On Reset, Arielle Duhaime-Ross explores why — and how — tech is changing everything. On Recode Media, Peter Kafka interviews business titans, journalists, comedians and podcasters about the collision of tech and media. On Pivot, Kara Swisher and Scott Galloway talk about the big tech news stories of the week, who's winning, who's failing, and what comes next. And on Land of the Giants, Jason Del Rey chronicled the rise of Amazon. Season 2 will focus on Netflix and is coming soon! About Recode by Vox: Recode by Vox helps you understand how tech is changing the world — and changing us. Follow Us: Newsletter: Recode Daily Twitter: @Recode and @voxdotcom Learn more about your ad choices. Visit podcastchoices.com/adchoices

29 Maj 202049min

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