Tokenizing Private Shares: Robinhood's Next Frontier
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Resources & Recommendations
Books
- "Zero to One: Notes on Startups, or How to Build the Future" by Peter Thiel - This book is indirectly referenced through the mention of Peter Thiel's view on the importance of a company's name.
Websites & Online Resources
- WTF Happened in 1971 - A website that discusses the economic impact of decoupling from the gold standard, specifically how wages stagnated while asset prices rose.
People Mentioned
- Andy Rachleff (Co-founder of Wealthfront) - Mentioned as the founder of "Kaching," the precursor to Wealthfront, which had a unique idea for democratizing money management.
- Peter Thiel - Referenced for his perspective on the significance of a company's name in its success.
- Elon Musk - Mentioned in a hypothetical scenario regarding a deposit bonus for moving Tesla stock to Robinhood.
- Dan Rose (Former Head of Business Development at Facebook) - Shared an analogy about prioritizing product development, comparing early opportunities to "gold bricks" at different distances.
- Mickey Malca - Described as a close friend of the speaker and someone trusted during a crisis.
Organizations & Institutions
- KCG (Knight Capital Group) - A high-frequency trading company that the speaker was on the board of, mentioned in the context of its history with Knight Capital's trading issue.
- GETCO - One of the original high-frequency trading companies that rescued Knight Capital, leading to the formation of KCG.
- DARPA (Defense Advanced Research Projects Agency) - Mentioned for its pioneering work on prediction markets as "truth machines" in the early 2000s, stemming from its ARPANET origins.
- Deposit Trust Clearing Corporation (DTCC) - The entity responsible for clearing and settling trades, highlighted as the reason for the complexity and delays in trade settlement.