Robinhood takes stakes in Crypto.com, OG.com in prediction markets deal

Robinhood will route event contracts through OG.com’s CFTC-regulated infrastructure as it expands its prediction markets business. Robinhood has taken equity stakes in Crypto.com and its newly spun-off prediction market platform OG.com as part of a multi-year deal to use OG.com’s regulated infrastructure for event contracts. Under the agreement, Robinhood will route retail event contracts through…

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The 11x ROAS account that lost money on every order

High ROAS can mask negative contribution, weak incrementality, and costly inventory decisions. Here’s how to measure what really matters. An 11x return on ad spend (ROAS) sounds like a win. It can represent an outstanding ecommerce business. It can also represent a business quietly destroying cash. The difference is context. It’s probably the most overused…

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