Mission: Our mission is to democratize America’s financial system.
Best Places to Work: 2018 (#26)
Robinhood’s product designer Alexandra Bond spoke with InterfaceLovers about solving problems through design, what inspires her work, and her advice for aspiring designers.
Last month, we hosted two events at our HQ, bringing together people in finance and technology. We partnered with SF’s Women in FinTech group to host a discussion on the opportunities and challenges in cryptocurrency and blockchain technology, led by women who are spearheading important efforts in the space. The panel featured Robinhood's Assistant General Counsel, Adele Faure, who focuses on the legal and regulatory aspects of Robinhood Crypto.
We also hosted a networking mixer to celebrate Pride Month with friends and family. The event was organized by our own LGBTQIA+ employee resource group, Rainbowhood.
We're thrilled to see so many individuals come together to inspire each other, collaborate to make the financial tech industry a more inclusive place to work and thrive, and support Robinhood's mission to democratize the American financial system.
After graduating from Stanford, roommates Vladimir Tenev and Baiju Bhatt moved to New York, where they built trading platforms for some of the largest financial institutions in the world. They began to realize that electronic trading firms pay effectively nothing to place trades in the market yet charge investors up to $10 for each trade — and thus the idea for Robinhood was born. They soon ventured back to California to begin solving the problem of democratizing access to the markets.
Exceptionally engineered systems
We are a team of engineers and designers, and we hold the products we craft to the highest standard. We believe that exceptionally engineered systems — not marble office buildings on Wall St — are the cornerstones of establishing trust.
Today there is a complex system of regulation, financial institutions, and assets that can seem daunting to a newcomer. Making Robinhood simple, focused, and immediately understandable is hard work. But we believe that by sticking to this goal, we can make something really special.
Individual participation in equity markets
The stock market is one of the best available tools for individual wealth creation, generating annual returns of around 10% over the past century. Our mission is to empower this new generation to take greater ownership in their financial future, which we believe can help shrink the gap between the "haves" and the "have nots" and lead to a healthier, more robust global economy.
Robinhood makes money in many of the same ways as traditional online brokerages. These include:
We’re backed with $539 million in capital from top-tier investors such as DST Global, NEA, Index Ventures, Thrive Capital, Sequoia, and KPCB, and valued at $5.6 billion. Robinhood is headquartered in Menlo Park, California with a regional office in Lake Mary, Florida.
I have been working at Robinhood full-time
- Not your typical corporate structure.
- Great benifits
- Great culture
- Everyone from the CEO's to the support staff cares about what they are doing and how they can help make it better
-You really need to be knowledgeable in your field you apply for. I mean like you really need to be the best of the best. Because of how new they are they do not have capacity to teach people how to do the job they need to produce from the begining
Advice to Management
Don't stop moving forward. You are doing very well.
I applied online. I interviewed at Robinhood (Palo Alto, CA) in May 2017.
I applied through a recruiter and had an initial phone interview, covering my previous work experience, skill set, and interest in working at Robinhood. The recruiters also gave me some insight and background information on Robinhood, and the team I would be working with.
Within about a week, I had a phone interview with the hiring manager for the position. This interview was a bit more in depth about my previous work experience, but remained more of a conversation and open discussion. Soon after, I was contacted by the recruiter that they wanted to bring me to an on-site interview. My on-site interview lasted about 5 hours total. I interviewed with 4 people for around 45min each, and had lunch with the team. These interviews were more in-depth and included questions that challenged my though process for carrying out marketing campaigns, how I'd leverage certain data, and what my approach would be to solve specific problems. These felt like they went by VERY quickly, and I didn't feel that they were too intimidating. I actually really enjoyed interviewing with the team, and expressing my ideas and thought process.
24h later, I received an offer (I had other deadlines for existing offers). This just shows how fast the recruiters moved, and how respective they were of my other deadlines!
My offer was presented to me in-person by the recruiter, which I personally really appreciated. Both of the recruiters I worked with were extremely helpful, had excellent communication throughout the entire process, and honestly gave me the best recruiting/interview experience.