A Platform for the People: Robinhood Opens its IPO up to Retail Investors

Robinhood Markets Inc has unveiled a new platform to give retail investors the chance to buy shares in its upcoming IPO. The new platform, called IPO Access, has been developed to allow investors to access some of the brokerage’s own shares. Robinhood is set to launch an initial public offering in the coming weeks. Warren Buffett and Charlie Munger have heaped criticism on how Robinhood operates. The company claims the new platform will be available to all customers without account limits in place or other restrictions.