They literally did not have enough money in the bank to continue business as usu... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

mdoms on Jan 31, 2021 | parent | context | favorite | on: Why Robinhood disabled buys but not sells

They literally did not have enough money in the bank to continue business as usual. If that's not a liquidity issue I don't know what is.

skybrian on Jan 31, 2021 [–]

It wasn't "business as usual," though. It was a huge spike in orders that became very expensive to execute.

You could say they didn't provision enough resources to handle extreme load.

Consider applying for YC's Fall 2026 batch! Applications are open till July 27.
Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact