The Rubicoin Story
Where we’ve come from and where we’re going next.
Emmet and John first meet
The first seeds of Rubicoin were sown when Emmet Savage hired John Tyrrell for a large international telecoms company based in Dublin, Ireland. A shared enthusiasm for technology and the stock market meant that they soon became great friends.
Emmet is the CEO and co-founder of Rubicoin. He has been investing in the stock market for more than two decades, with an independently proven annual return in excess of 24% for the last decade—over triple what the S&P 500 returned. Emmet has previously written for ‘The Motley Fool’ and has been included in the Irish America magazine’s ‘Top 50 on Wall Street’ list… twice!
Read more from our chief investor here.
John is the COO and co-founder of Rubicoin. After completing a degree in Electronic and Computer Engineering, he began working as a head of network engineering in the telecoms industry. His mission in life is to achieve simplicity through technology. This, coupled with a love of investing, was one of the driving forces behind the founding of Rubicoin. John has also appeared on the Irish America magazine’s ‘Top 50 on Wall Street’ list.
Emmet and John wanted to share the lessons they had learned throughout their investing life with others, so they began conducting regular seminars under the brand name ‘BullSense’. However, they quickly realized that old-fashioned presentations weren’t the best way to teach people how to start investing. They knew that there had to be a more user-friendly way…
Taking the Plunge
After months of reflection (and more than one late-night discussion), Emmet and John decided to leave their jobs and pursue the goal of bringing investing to everyone. Huddled together in a small attic room in Dublin City at the end of the holiday season (note the modest Christmas tree!), Rubicoin was officially founded in January 2013.
The First App
The very first hire made by the fledgling company was Alejandro Lopez, a freelance tech developer from Spain. With Alejandro, we set about designing and building the company’s inaugural app. Simply named ‘Rubicoin’, this app would incorporate lessons on the stock market and the very first version of our 1% showroom of handpicked stocks. The app was released in September 2014 and Emmet had the proud distinction of being the first investor to buy a stock through the app. This was the very first investment he had been able to make through any mobile app… ever!
When One Becomes Two
Rubicoin soon moved to our first official offices on the campus of University College Dublin, hiring two more full-time staff along the way. It was during this time that one of the first major redevelopments of the flagship app occurred—the splitting of the ‘Rubicoin’ app into ‘Learn’ and ‘Invest’. After much deliberation, we decided that future investors would benefit more from two apps that are geared specifically towards different stages of the investing journey.
Learn by Rubicoin
The Learn by Rubicoin app helps you to demystify the market. We guide you through the world of investing by giving you jargon-free lessons and allowing you to take control of your financial future.
Invest by Rubicoin
The Invest by Rubicoin app helps you to take control of your financial future by making it easy to invest in the stock market. With Invest, we give you straightforward instructions on how to get your investing life started and clear choices of what shares you should invest in throughout your life.
Bigger Team, Bigger Offices
With a rapidly expanding team that had now grown to eight—not to mention more new investors signing up every day—we moved to a larger office in the center of Dublin City in October 2015. All the hard work had begun to pay dividends though, and by the following May, we had helped over 100,000 users on their way towards becoming better investors.
Swinging Chairs and Sloping Floors
With a team of twelve, we were soon on the hunt for a larger office again. The next move was just across the street, however, to our current offices at 5 Merrion Row. This Georgian building with swinging chairs and sloping floors remains the headquarters of all things Rubicoin today. Soon after we moved into 5 Merrion Row, we launched the Invest Plus subscription service, and by February 2017, we had hit 500,000 users across both apps.
Although we’re still a relatively small team of 16, we’re rapidly approaching 1,000,000 downloads across both apps. Through both the Learn and the Invest app, we’ve helped hundreds of thousands of people from New Zealand to Norway on their journey towards becoming a successful investor.