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Vlad Tenev
Vlad Tenev Biography
The son of two World Bank staffers, Tenev grew up valuing large institutions as opposed to entrepreneurship. But in 2011 the Bulgarian-born, Washington, D.C.-bred Tenev dropped out of UCLA's math Ph.D. program to build high-tech trading software for hedge funds and banks with college buddy Baiju Bhatt. They eventually switched their focus to retail consumers, aiming to use technology, design and rock-bottom pricing to undercut existing retail brokers like E-Trade and Fidelity.
Their company, Robinhood, is a commission-free stock trading app available to anyone with a smartphone. Launched a year ago, the app looks like it should be used to hail a ride, but more than $2 billion in trades have been executed on the platform, completely free of charge. They hope to make money via the interest on cash in customers' accounts and by lending people money to buy stocks on margin. They have raised $66 million from top investors. "Financial services is blending in with information technology," says Tenev, 28. "The next-generation financial companies getting started right now are all to some extent software companies."
All American Speakers Bureau is a full-service talent booking agency providing information on booking Vlad Tenev for speaking engagements, personal appearances and corporate events. Contact an All American Speakers Bureau booking agent for more information on Vlad Tenev speaking fees, availability, speech topics and cost to hire for your next live or virtual event.
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Please Note: All American Speakers Bureau is a full-service talent booking agency providing information on booking Vlad Tenev for speaking engagements, personal appearances and corporate events. Contact an All American Speakers Bureau booking agent for more information on Vlad Tenev speaking fees, availability, speech topics and cost to hire for your next live or virtual event.
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