Assuming patio11’s comment[1] from yesterday is correct that this is a loss lead... | Hacker News

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		jschmitz28 on Dec 14, 2018 \| parent \| context \| favorite \| on: SIPC Says It Has Serious Concerns About Robinhood'... Assuming patio11’s comment[1] from yesterday is correct that this is a loss leader intended to target millennials with low value accounts rather than whales, maybe this is Robinhood’s intended outcome to make it less attractive to the customers they don’t want? [1] https://news.ycombinator.com/item?id=18673426

gus_massa on Dec 14, 2018 [–]

It may be true, but it's not relevant for the current article. The questions is if these accounts will be insured by the FDIC or the SIPC or neither?

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