We can see that the chart describes the company moderately well. The Ascendant is Cancer and the Moon is in the first house, this looks good, the company is supposed to be about democratizing investment for the public represented by the Moon. Uranus and Mercury are conjunct the Midheaven- perfect for a company in technology dealing with multiple transactions but particularly for one proposing to disrupt the status quo. So far so good.

However when we look at the position of the Sun, the company’s founders, the picture becomes a little more nuanced. The Sun is conjunct Mars in Aries; driven and strong, as well as more widely conjunct Venus in Taurus. We certainly have quite a few planets in their dignities here and Mars and Venus conjoining the Sun suggests that the founders can be charismatic and that the company can appear so too. Yet this conjunction is square the position of the Moon, suggesting tension between the goals of the founders ( to enrich themselves perhaps with Venus in Taurus and the Sun ruling the second house?) and the stated aim of the company to enrich the people. The chart final depositor in most cases is Mars (emphasizing the founders) not the Moon ( the people). The position of Jupiter on the midpoint will accentuate this.

Another concern might be the position of Saturn opposite the Sun conjunction and retrograde as well as inconjunct Uranus. That suggests some inherent challenges, as does the square between Pluto and the Uranus Mercury conjunction. The company was of course created during the period of the big "Cardinal Square."

Moving on to the incorporation chart

This is curious. Other than the Moon of the incorporation chart being conjunct the Ascendant of the foundation one, there is little synastry between the two charts. Now, while incorporation in Delaware is a necessary step for regulatory and tax purposes rather than business ones, we would expect at least some connections between the charts.

The foundation chart seems a better bet for analysis, nevertheless the incorporation chart does seem more favourable for the people than the first one.

The Foundation chart alone is, in any case, enough to give us an indication of the issues Robinhood has had between 2018 and 2021 with regulators and lawsuits. The period between 2018 and 2020 was characterised by Uranus crossing the Sun conjunction in the Foundation chart, and in 2020 was supplemented by conjunctions of both Saturn and Jupiter with Pluto on the Ascendant.

We can look at three of these difficulties.

The most recent event was a FINRA fine of $70m announced on June 30 2021 and this related to outages etc. on March 2 and 9^th 2020. This is the 2 March chart.

Here we see Uranus, exactly conjunct the progressed Mars and opposite the progressed Moon- quite literally there were many angry customers due to the outages. We also see Saturn on the descendant , not to mention Mars conjunct Foundation Pluto square Uranus. Nasty.



Contrast with the chart for 12 June 2020 relating to the suicide of a customer

This time it is Jupiter conjunct the Ascendant. Uranus opposes Foundation Saturn and Saturn opposes the Moon, as well as progressed Moon approaching Foundation Saturn. Add in a tricky Mars, Neptune, Moon conjunction that day echoing the Mars/Neptune configuration in the chart and the unfortunate conditions were set.

Then we can also look at the restrictions on trading imposed on 28 January 2021 which led to a class action and brand issues.

This time our friend accompanying Pluto on the Ascendant is Venus.  But there is a lot more going on. Uranus, still travelling over the conjunction, is now over the progressed Sun. Saturn squares that very active progressed Mars. The Moon is highlighted with the North node and inconjunct Foundation Jupiter and there is a T-square between the Jupiter/Sun conjunction of the day and Mars but also the Foundation Saturn. The latter is also activated during the day by the Moon in Leo. Very little in the chart escapes challenge.

If nothing else we can be sure that this chart is valid! We also see how the challenges inherent in the Foundation chart bear out in practice.

Finally we turn to the IPO chart. 

Whereas the foundation and incorporation charts are mainly about the company and its customers/owners etc. , the first trade chart will more accurately describe the experience of the public shareholders.

The first thing to notice about the chart is the Moon, relegated to the 6^th house and not making any really significant aspects. The company may be about the people, the listing sure isn’t. Nor does this chart scream disruptor, with Uranus only making wide aspects.

It is interesting that the first trade took place with the Sun close to the Midheaven, it is opposite Saturn suggesting that this may not in the end be a highly traded stock and perhaps suggests that the share price will get dragged down. This is reinforced by the Ascendant ruler Mars in opposition to Jupiter but about to change signs to less flamboyant Virgo. This suggests initial enthusiasm quickly dampened (Aug 4^th was the peak so far).

It is also interesting to consider the relationship between the founding chart and the First Trade. Perhaps the most noticeable things is the position of Pluto in the first trade, right on the Foundation ascendant and opposite the Incorporation Moon– an indication of major success or major failure ( depending on the other factors).  I would consider this too risky – others may be braver. There is, however, also some opportunity in the form of the First trade Moon sextile the Foundation Jupiter.

Another thing that bothers me is the connection between the Foundation Saturn and the First trade Ascendant. It is magnified by the Incorporation Ascendant being conjunct the First trade Saturn. It also highlights that by Progression the Foundation Sun and Mars are approaching an exact opposition to Saturn in the next 2-5 years. That is too much Saturn for me.

 Interesting times await, I would suggest.