In our latest Cheeky Pint, @vladtenev of Robinhood and I discussed hoarding Bulgarian copper pots, his pitch to tokenise private stocks, how Michael Lewis got Flash Boys wrong, Vlad’s admiration for Frank Slootman, and what he’d do as SEC Chairman. I also discovered that Vlad can do a handstand push up. (He nearly took down the Cheeky Pint set.) Timestamps 00:00 Intro 00:58 Hyperinflation in Bulgaria 04:07 Stablecoins 05:41 Home country bias in investing 06:59 Robinhood’s origins 11:23 What the book Flash Boys got wrong 16:11 Options vs equities 17:38 Robinhood Gold 19:34 Robinhood Banking 22:04 GameStop advice from Benioff, Zuck, and Elon 26:40 Impact of retail investors on capital markets 31:21 Where retail dollars are coming from 32:10 The gamification narrative 34:17 Tokenizing private companies 41:57 Vlad makes his pitch to tokenize Stripe 45:00 Prediction markets: tennis, the pope, and AI 49:26 If Vlad ran the SEC 51:15 How does Robinhood ship so fast? 52:38 Remote work and Robinhood’s founder community 55:39 “What would Frank Slootman do?” 57:32 Active traders 59:46 Killing Robinhood’s cash card 01:02:36 Harmonic and mathematical superintelligence