Scoop: Sequoia looking to lead investment in Robinhood that could value it at about $8B pre-money
Round could be about $250m in size. Company is seeing record revenue and new accounts amid market volatility
Robinhood link here https://www.bloomberg.com/news/articles/2020-04-16/robinhood-said-to-be-raising-new-funds-at-about-8-billion-value">https://www.bloomberg.com/news/arti...
Robinhood Is Raising New Funds at About $8 Billion Value, Sources Say

Robinhood Markets Inc., the online brokerage that’s suffered repeated outages during recent market turmoil, is close to raising new funding at a valuation of about $8 billion, according to people...

https://www.bloomberg.com/news/articles/2020-04-16/robinhood-said-to-be-raising-new-funds-at-about-8-billion-value
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