Skip to content

Founder-story archive · · 58 seconds

Robinhood and the trading halt

Watch the original Short, follow its timestamped caption record and see the source-review scope below.

Open the original on YouTube ↗

Timestamped caption record

Automatically generated captions, reproduced as a record of the video—not as independently verified reporting. Timestamp links open the relevant point on YouTube.

Read the caption record (29 lines)
  1. 0:00Robinhood switched off the buy button,
  2. 0:01and Congress dragged its founder in to
  3. 0:03explain himself.
  4. 0:05January 2021, [music]
  5. 0:07a message board called Wall Street Bets
  6. 0:09noticed that hedge funds had shorted
  7. 0:10[music] GameStop harder than the stock
  8. 0:12existed. Millions of small traders piled
  9. 0:14in. [music] The price went up more than
  10. 0:1620 times in a month. On the 28th,
  11. 0:19Robinhood [music] blocked its customers
  12. 0:20from buying. Sell only. The app built on
  13. 0:23democratizing finance [music] had taken
  14. 0:25the trade away from the people using it.
  15. 0:27Vlad Tenev said it was a deposit
  16. 0:29requirement [music] from the clearing
  17. 0:30house. Nobody believed him. Three weeks
  18. 0:32later, he sat for 5 hours in front of
  19. 0:34the House Financial [music] Services
  20. 0:36Committee. He apologized. He denied
  21. 0:38colluding with the funds on the other
  22. 0:39side. [music]
  23. 0:40For about a week, he was the most hated
  24. 0:42man in American retail investing. Five
  25. 0:45months after that hearing, Robinhood
  26. 0:46went public [music] at $29 billion.
  27. 0:49Today, it is worth $110 billion, 13
  28. 0:52times GameStop.
  29. 0:54Follow Vibe Economics for more.
Original publication and evidence scope

Original YouTube title: “Robinhood blocked the buy button. Now it's worth $110B.”. The original title may contain claims not confirmed by this companion.

Upload date, duration and captions were retrieved from the public YouTube record on 2026-10-16. Dates are day-level, not an asserted exact upload time. Market values, audience totals and references to “today” belong to the original publication context.

Keep exploring founder stories

Browse all new Short companions ↗ · Watch the documentaries ↗

Follow the next story.

Founder stories, documentary releases and funding research.

Sign up for the newsletter ↗