Robinhood’s New Startups Fund Could Open Doors for Retail Investors
Robinhood plans to launch a startups fund open to all retail investors, giving everyday traders access to pre-IPO opportunities.
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Robinhood’s New Startups Fund Could Open Doors for Retail Investors
Robinhood Plans to Launch a Startups Fund Open to All Retail Investors Robinhood plans to launch a startups fund open to all retail investors, aiming to give everyday traders access to pre-IPO opportunities that were once reserved for venture capitalists and the wealthy. The company revealed it has filed paperwork with the U.S. Securities and Exchange Commission (SEC) for what it’s calling the Robinhood Ventures Fund I . Image Credits:Omar Marques/SOPA Images/LightRocket via Getty Images This fund would allow retail investors to buy into high-growth startups before they go public, potentially leveling the playing field with institutional investors. What the Robinhood Ventures Fund Could Look Like While Robinhood has made its filing public, key details remain unclear. The SEC application doesn’t yet specify how many shares will be offered, the management fees, or the fund’s exact structure. What is known is that the fund “expects” to target startups across aerospace, defense, AI, fintech, rob…