# The Wall Street Journal’s Spencer Jakab on the real winners of GameStop mania, Robinhood’s role in encouraging stock speculation (and how it came very close to bankruptcy), and how Chamath Palihapitiya and Elon Musk fueled the flames of the whole debacle.

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Podcast: [The World According to Boyar](https://stenobird.com/podcast/the-world-according-to-boyar-1138595)
Published: 2022-02-17T10:00:00+00:00
Episode link: https://www.buzzsprout.com/726525/episodes/10086717-the-wall-street-journal-s-spencer-jakab-on-the-real-winners-of-gamestop-mania-robinhood-s-role-in-encouraging-stock-speculation-and-how-it-came-very-close-to-bankruptcy-and-how-chamath-palihapitiya-and-elon-mus.mp3
Audio file: https://www.buzzsprout.com/726525/episodes/10086717-the-wall-street-journal-s-spencer-jakab-on-the-real-winners-of-gamestop-mania-robinhood-s-role-in-encouraging-stock-speculation-and-how-it-came-very-close-to-bankruptcy-and-how-chamath-palihapitiya-and-elon-mus.mp3
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Duration seconds: 2273

## Resource

The Interview Discusses: His fascinating new book, The Revolution That Wasn’t: GameStop, Reddit, and the Fleecing of Small Investors.Robinhood’s unique business model and whether Robinhood has “democratized” finance as it claims.How Robinhood came very close to the brink of insolvency.The role of “influencers” like Chamath Palihapitiya, Elon Musk, and David Portnoy in driving the speculative excess of 2021.His surprising take on Keith Gill, aka “Roaring Kitty.”Biography: Spencer Jakab is an ...

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