Robinhood Co-founder Baiju Bhatt on the Journey to $40B, Building Space Solar Power with Lasers
Robinhood Co-founder Baiju Bhatt on the Journey to $40B, Building Space Solar Power with Lasers  
Podcast: The Peel with Turner Novak
Published On: Thu Jan 16 2025
Description: You’re probably familiar with Baiju Bhatt’s work as the co-founder of Robinhood. But he’s also obsessed with space, and recently started Aetherflux, a space solar power company.We get into the physics of using lasers to beam solar power to the Earth, Aetherflux’s early roadmap, and how he went from zero to one going from building software to physical products.We also talk through the early days of Robinhood, getting turned down by hundreds of early investors, the accidental launch, how to know if you really have product market fit, how Aaron Levie at Box helped get Robinhood.com, the value of creativity and design, Baiju’s philosophies on combining qualitative and quantitative user research, and his favorite animal and classic car. He also tried to cut my hair.Timestamps:(00:00) Intro(02:31) Aetherflux: a space solar energy company(02:50) Origins of space solar power in the 40's & 70's(10:31) Safely beaming energy from space to Earth with lasers(13:46) Building floating space solar farms(21:27) Aetherflux's early roadmap(27:08) Growing up with dad as a Physics professor(32:18) Going zero to one building physical products(35:15) Baiju's favorite car, attempting a haircut, contemplating mustaches(38:27) Trying to prove Einstein wrong(41:42) Meeting Robinhood Co-founder Vlad at Stanford(44:10) Starting an algorithmic trading company(46:41) The beginnings of Robinhood(52:04) Getting turned down by hundreds of early investors(56:49) How they convinced Tim Draper to invest(59:39) Getting Robinhood.com because of Aaron Levie(01:01:28) Accidentally launching on a Friday afternoon(01:03:09) How to know if you have Product Market Fit(01:06:35) Combining qualitative and quantitative user research(01:14:23) Loving cats despite being allergicReferenced: Robinhood: https://www.robinhood.comAetherflux: https://www.aetherflux.com/TechCrunch coverage: https://techcrunch.com/2024/10/09/billionaire-robinhood-co-founder-launches-aetherflux-a-space-based-solar-power-startup/Seinfeld mustache scene: https://www.youtube.com/watch?v=DzZsLaLChRgThe Michelson–Morley experiment: https://en.wikipedia.org/wiki/Michelson%E2%80%93Morley_experimentEpisode with Aaron Levie @ Box: https://www.youtube.com/watch?v=cLn_tqPvNf4Follow Baiju:X/Twitter: https://x.com/BaijuBhatt LinkedIn: https://www.linkedin.com/in/bprafulkumar Follow Turner:X/Twitter: https://twitter.com/TurnerNovakLinkedIn: https://www.linkedin.com/in/turnernovak Subscribe to my newsletter to get every episode + the transcript in your inbox every week: https://www.thespl.it/