Baiju Bhatt

Baiju Prafulkumar Bhatt (born 1984/1985)[1] is an Indian-American billionaire entrepreneur[1][2] of Gujarati descent.[2][3][4] He is the co-founder, along with Vladimir Tenev, of Robinhood, a US-based financial services company.[1][2]

Baiju Bhatt
Bhatt in 2018
Born
Baiju Prafulkumar Bhatt

1984/1985 (age 35–36)[1]
NationalityAmerican
Alma materStanford University
Occupationentrepreneur
Known forCo-founder, Robinhood
Net worth$1 billion

Early life

Baiju Prafulkumar Bhatt, the son of Indian immigrants, grew up in Poquoson, Virginia.[5] He earned a bachelor's degree in physics from Stanford University where he also completed a master's degree in mathematics in 2008. He and Tenev met during Bhatt's time at Stanford.[6][7]

Career

In 2013, Bhatt co-founded the trading platform Robinhood with Tenev.[1] The idea stemmed from witnessing the issues in the financial industry during the 2011 protests of Occupy Wall Street.[8]

Following a funding run in May 2018 which increased Robinhood's valuation to $6 billion, Bhatt and Tenev became billionaires.[1][9]

Awards and recognition

Bhatt spoke at Disrupt SF 2018 on investing where he announced plans to launch an IPO for Robinhood in 2019.[10]

References
  1. "Robinhood Founders Are Billionaires in Silicon Valley Minute". Retrieved 23 July 2018.
  2. Vix, Bill (2020). "20 Things You Didn't Know About Baiju Bhatt". moneyinc.com. Archived from the original on 29 Jan 2021. Retrieved 29 Jan 2021.
  3. BG Mahesh [@bgmahesh] (29 Dec 2017). "Wasn't aware the co-founder of @robinhoodapp, the most popular stock trading app in the US, @bprafulkumar was of Indian origin #Gujarat. They have scaled very well, kudos" (Tweet). Archived from the original on 29 Jan 2021 – via Twitter.
  4. "Baiju Prafulkumar Bhatt". linkedin.com. Archived from the original on 29 Jan 2021. Retrieved 29 Jan 2021.
  5. "I'm Baiju Bhatt, Robinhood CEO, and This Is How I Work". lifehacker.com. Retrieved 29 January 2021.
  6. "Baiju Prafulkumar Bhatt - Co-Founder and Co-CEO @ Robinhood - Crunchbase". Crunchbase. Retrieved 23 July 2018.
  7. "Baiju Prafulkumar Bhatt: Executive Profile & Biography - Bloomberg". www.bloomberg.com. Retrieved 23 July 2018.
  8. Cao, Sissi (September 10, 2018). "Robinhood CEO Opens Up About How He Convinced Tim Draper to Back His Crazy Idea". Observer. Retrieved 11 January 2019.
  9. "Meet the 11 new tech billionaires that emerged in 2018". Retrieved 23 July 2018.
  10. Constine, Josh. "Robinhood aims at IPO as the fintech startup seeks CFO". TechCrunch. Retrieved 11 January 2019.
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