Public App Takes Aim At Robinhood With Already-Viral Michael Bolton Ad
Tyler Durden, ZeroHedge, 23 February 2021
On the same day that it hit the wires that Robinhood’s CEO said it was “necessary” for the company’s business operations to sell its order flow (as we have been detailing at painstaking length here on Zero Hedge for years before it became a mainstream media story)
*ROBINHOOD CEO: PAYMENT FOR ORDER FLOW NECESSARY FOR OUR BIZ
Translation: you are in the selling client orders for payment business
— zerohedge (@zerohedge) February 23, 2021
…competing small brokerage app Public may have just hit the viral ad jackpot. Public is offering to pay defectors of other brokerage apps (obviously targeting Robinhood users) to take their holdings and ACAT them into a new account, should clients want to make the switch.