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Meet 9 Gen Z VCs Raising Millions for Their Own Venture Funds
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The Most Promising Startups for Consumers of 2021, According to VCs
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To hear Robinhood traders talk, there’s a new and easy way to make money off the Reddit-Robinhood saga: join a class-action lawsuit against the platform that halted their trades earlier this week.
But just like shares of GameStop, the stock that caused the trouble in the first place as it surged to $500 a share, the lawsuit bet may be overhyped.
Small investors on apps like Robinhood lost thousands of dollars on speculative stock picks as platforms including Robinhood, Cash App and Stash halted trades earlier this week. Day traders using the app to make a few extra bucks panicked as the brokerages they relied on refused to complete their trades.
Cory Levy This story is available exclusively to Insider subscribers. Become an Insider and start reading now.
Investor Cory Levy publicly announced Z Fellows on Tuesday, a one-week fellowship program that gives new founders $10,000 to start their own companies.
The program includes mentors like Founders Fund general partner Keith Rabois and Naval Ravikant, the founder of Angel List. I realized that a lot of people are in that position where they may be working on some stuff, tinkering on stuff, and they are in school full-time, he told Business Insider. There s no dedicated program to serve that community of people.
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