The idea behind the “Robinhood Ventures Fund I” is to allow every retail investor access to make money on the hottest startups before they go public.
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Robinhood plans to launch a startups fund open to all retail investors
This new closed-end “Ventures Fund I” is a more classic, mutual fund-style, approach. As to when Robinhood’s new fund will be available we don’t know that either yet. Robinhood, which is in a quiet period, declined to comment.
