Robinhood's rescue: The VC deal that turned a crisis into one of 2021's biggest IPOs

In a market environment where rapid dealmaking has become the norm, venture capitalists' multibillion-dollar investment in Robinhood during the GameStop stock saga earlier this year stands out.

On the morning of Jan. 28, stock-trading clearinghouses told Robinhood to post $3 billion in regulatory capital. Without these funds, Robinhood's investing app wouldn't be able to continue its normal course of business. READ MORE