Jefferson alumni at center of stock market controversy

Economic News, 631 Views

Vladmir Tenev, CEO of the popular online brokerage Robinhood and a Jefferson class of 2004 graduate, is now the subject of a barrage of online attacks and accusations after making the decision to bar Robinhood users from purchasing shares in Gamestop (GME) and AMC Entertainment Holding (AMC), among other volatile stocks.

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The Why

I love journalism because through it, I can learn a little bit of everything–this article was my chance to learn more about economics.

The Process

  1. Because I had never taken a formal economics course, I turned to Motley Fool and publications such as Bloomberg and The Wall Street Journal to learn more about the situation at-hand.
  2. Throughout the article I string in links from a variety of sources such as The Washington Post (left-leaning), The Wall Street Journal (right-leaning), and Bloomberg (centered) to maintain journalistic integrity and express viewpoints across the political spectrum.
  3. Written in a pyramid format, I focus on timeliness and brevity.
  4. To share both sides of this nuanced story, I conducted a 14 minute interview with former Robinhood user and Jefferson junior Irfan Nafi, who holds the opposing viewpoint of planning to return to Robinhood despite the controversy.
Stuti Gupta · Interview with Robinhood user and Jefferson junior Irfan Nafi

The Impact

Despite never having taken a formal economics class, I set off to co-write an article concerning the stock market controversy surrounding Jefferson alumni and Robinhood founder Vladimir Tenev in one day. Ripe with pure adrenaline as my laptop’s clock hit 1:00 AM, I watched economics crash courses on two-times-speed, spitting out words like “brokerage” and “shorting”. Through this article, I not only grasped a deeper background in economics, but also attained a better understanding and appreciation of drive in the context of journalism timeliness. We received a "Best of SNO" award for this article.